Corporate Responsibility

Corporate responsibility

We are focused on continuous improvement, striving to do better by building a long-term, sustainable organisation that focuses on our clients, our people, as well as the communities in which we engage. Our Affiliates share this philosophy, progressively factoring ESG considerations into their investment processes.

Responsible investing

Our Affiliates are strongly committed to ESG principles, which are embedded into their businesses and approach to investing.

PRI signatory | CDP signatory | Official TCFD supporter

PRI signatory | CDP signatory | TPI signatory

PRI signatory | Official TCFD supporter | 30% Club Australia supporter

PRI signatory | Official TCFD supporter

PRI signatory | Official TCFD supporter 

PRI signatory | Official TCFD supporter | GRESB participant 

PRI signatory | Climate Action 100+ signatory | ESG RA Australia member | Montreal Carbon Pledge signatory | Tobacco-free Finance Pledge signatory

PRI signatory | GRESB participant | UN Global Compact signatory | ESG RA Australia member

PRI signatory | Official TCFD supporter

PRI signatory | Official TCFD supporter | Climate Action 100+ signatory | RIAA member | ESG RA member | Paris Pledge for Action signatory | Montreal Carbon Pledge signatory | ICCR’s Bangladesh Investor Statement signatory | Global Investor Statement on Antibiotic Stewardship signatory | Global Investor Statement on Climate Change Signatory 

PRI signatory | Official TCFD supporter | Climate Action 100+ signatory

Sustainability

Pinnacle believes that higher environmental, social and governance performance leads to better financial performance, talent retention, and long-term value creation. We have an established Sustainability Committee to provide coordination and guidance on the integration of sustainable strategies and practices into the broader business.

Pinnacle will continue to adopt sustainable practices and integrate sustainability information into our reporting cycle through our annual Corporate Sustainability Report.

Sustainable development goals

The United Nations’ Sustainable Development Goals (SDGs) aim to address the biggest problems we face on this planet. Pinnacle recognises the need for strategies that foster economic development, reduce inequities and transition towards a more sustainable future.

We believe that it is not possible to achieve long-term business success in a world which contains poverty, hunger and climate change. But can business really help drive a reboot of the current system? At Pinnacle, we think the answer is ‘yes’.

By aligning our sustainable initiatives with the UN SDGs and through the support of the Pinnacle Charitable foundation, we can begin to turn global challenges into opportunities.

Approach to climate risk


Pinnacle recognises that climate change poses a material risk for the economy, financial markets and society as a whole. Pinnacle supports the Task Force on Climate-related Financial Disclosures (TCFD) and is actively implementing its four key climate related financial disclosure recommendations; governance; strategy; risk management; metrics and targets.

Pinnacle is committed to offsetting unavoidable emissions to achieve carbon neutrality. We’re proud to be recognised as a CDP discloser, committing to environmental transparency by disclosing our climate change impact. Read our full CDP Climate Change disclosure. To further confirm the validity of our commitment, Pinnacle has been certified Carbon Neutral by Climate Active for FY20 emissions.

Fostering a healthy culture


Our people are key to the success of the Company and Pinnacle takes an active involvement in staff welfare, engagement and career development. Pinnacle is fully supportive of initiatives to optimise the mental health of its employees. Pinnacle has an Employee Assistance Program for employees and their immediate family members. Confidential counselling is available to provide support on a range of personal and work-related issues. Pinnacle Executives monitor workloads, wellbeing and resourcing to ensure mental health is not compromised during periods of high stress.

Pinnacle is committed to providing a flexible working environment that suits each employee’s personal circumstances. Pinnacle has a strong focus on the development of staff and facilitates practical initiatives such as secondments, on the job rotational assignments and on demand learning programs.

Impact through education


Pinnacle and Affiliates are committed to fostering an awareness and an understanding among university students of the opportunities offered across the financial services industry. Through a combination of scholarships, sponsorships, direct engagement and alumni activities, there is a commitment to inform and inspire tertiary students to learn about the industry, and the power it has to positively impact lives. Several relationships specifically support young women to actively encourage them to consider a career in finance and financial management, with internships offered across Pinnacle and many Affiliates.

Diversity and inclusion


Pinnacle is committed to strengthening business innovation and decision-making through workplace diversity. We recognise the benefits of a diverse group of employees reflecting different backgrounds, perspectives, styles, knowledge, experience and abilities. The Pinnacle Diversity Policy further outlines its focus on recruiting, developing, rewarding and retaining people with diverse backgrounds to meet the needs of our clients, shareholders and community.

The Pinnacle Charitable Foundation


Pinnacle directs most of its philanthropic activity through the closely aligned Pinnacle Charitable Foundation (PCF), which is a Public Ancillary Fund registered with the ACNC.

In collaboration with Pinnacle and affiliated fund managers, the PCF seeks long-term partnerships with inspiring Australian not for profit entities which reflect the interests of employees, investors, and core business values.

Aiming to grow the sustainability of creative and clever organisations, six themes are currently supported:

  • Promotion of strong mental health awareness, together with support for prevention and early intervention strategies aimed at reducing mental illness and driving down suicide rates;
  • Support for children from a range of environments who face acute and / or systemic disadvantage;
  • Legal assistance and advocacy for victims of sexual abuse and domestic violence;
  • Capacity building for world-leading medical researchers seeking treatments and cures for children’s genetic diseases and for dementia sufferers;
  • Resources to teach and deliver kindness, community care and resilience in a COVID-19 world; and
  • Commitment to the environment, through a specific focus on supporting a more informed and diversified approach to water management and regulatory frameworks.

Donations & collaborations


Pinnacle offers donations in support of initiatives which resonate closely with employees and core business values.

Pinnacle and several Affiliates also offer Workplace Giving Programs (WPG) to all employees, facilitating donations to charities of choice via pre-tax salary deductions. Monthly donations (up to predetermined capped amounts) are matched in full by employers, who also cover all associated administration and due diligence costs.

Lisa Grinham, CEO of our Workplace Giving platform provider Good2Give says it best:

“In many ways, workplace giving is one of the most comprehensive answers we can provide to many common corporate questions. How do I demonstrate my company’s values to my staff and the wider community? And perhaps most importantly, how do we keep charitable giving straightforward and simple?”

Sustainable Use of Resources

We encourage all of our employees to commit to these initiatives and are very open to ideas that those within our community may have for Pinnacle to be a leader as a Responsible Organisation.

Reduce Waste Generation

Encouraging employees to opt for products with minimal packaging and ensuring our suppliers are aware of our commitment to reduce single use plastics in the firm.

Promote Paper Reduction

Encouraging the use of digital alternatives and enhancing employee awareness of the responsible use of paper.

Eco-friendly products

Switching to more environmentally friendly products.

Community investment

Pinnacle has a strong belief in corporate Australia’s responsibility to support the communities which sustain and inspire businesses both large and small. The company’s commitment to “enabling better lives through investment excellence” is strongly reflected in its commitment – together with the Affiliates – to fostering community wellbeing.

Positive and proactive contributions are encouraged through direct employee engagement and volunteering, strategic sponsorships, collaborative partnerships across the industry, matched Workplace Giving Programs and via direct funding and pro bono support provided to the Pinnacle Charitable Foundation.

  • Workplace
    giving

    Workplace giving

    Pinnacle and a number of Affiliates offer Workplace Giving Programs (WPG) to all employees, facilitating donations to charities of choice via pre-tax salary deductions. Monthly donations are matched by employers (up to generous capped amounts), who also cover all associated administration and due diligence costs.

    During FY21 just over $105,000 was donated via WPG to more than 55 charities, focussed on 12 separate cause areas.

  • EMPLOYEE
    VOLUNTEERING

    EMPLOYEE VOLUNTEERING

    Working with the Charitable Foundation, we actively encourage employee fundraising and participation in volunteering events in support of our partner charities, plus other NFPs which focus on the same core themes. Recent activities have included fun runs, volunteering at children’s outings, food preparation and packaging, tutoring and tree planting, plus informal advice re organisational structure and marketing.

  • INDUSTRY
    COLLABORATION

    INDUSTRY COLLABORATION

    Pinnacle supports and sponsors events together with the wider funds management industry, which resonate with the organisation’s business operations, strategic direction and values.

WORKPLACE GIVING

Pinnacle and a number of Affiliates also offer Workplace Giving Programs (WPG) to all employees, facilitating donations to charities of choice via pre-tax salary deductions. Monthly donations (up to predetermined capped amounts) are matched in full by employers, who also cover all associated administration and due diligence costs.

During FY21 just over $105,000 was donated via WPG to more than 55 charities, focussed on 12 separate cause areas.

INDUSTRY COLLABORATION

Pinnacle supports and sponsors events together with the wider funds management industry, which resonate with the organisation’s business operations, strategic direction and values.

EMPLOYEE VOLUNTEERING

Working with the Charitable Foundation, we actively encourage employee fundraising and participation in volunteering events in support of our partner charities, plus other NFPs which focus on the same core themes. Recent activities have included fun runs, volunteering at children’s outings, food preparation and packaging, tutoring and tree planting, plus informal advice re organisational structure and marketing.