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.
Corporate Responsibility
Corporate responsibility
Responsible investing
Group ESG Charter
The Pinnacle Group ESG Charter reflects the Groups shared commitment to ensure that sustainable principles and practices are integrated into the way we conduct business. Pinnacle believe’s a collaborative approach to ESG across the Group creates a valuable synergy and increases the impact of otherwise individual actions.
Affiliates
Our Affiliates are strongly committed to ESG principles, which are embedded into their businesses and approach to investing.
PRI signatory | Official TCFD supporter | 30% Club Australia supporter
PRI signatory | UN Global Compact Network Member | NZAM investor signatory | GFANZ member | PCAF member | Official TCFD Supporter | TNFD Forum member | Founding member of the Australian Sustainable Finance Institute | Founding Signatory of the Aotearoa New Zealand Stewardship Code | IGCC member | RIAA member | Climate Bonds Partner | TPI supporter | FAIRR Investor network member
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 | 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. For more information about our certification and net zero commitment, please visit the Climate Active website.
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
Aiming to grow the reach and impact of creative and clever organisations, six themes are currently supported:
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.
According to Workplace Giving platform provider, Good2Give:
“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.
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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 FY22 over $140,000 was donated via WPG to more than 60 Australian charities, including support for emergency appeals helping those affected by QLD and NSW floods in early 2022.
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EMPLOYEE
VOLUNTEERING
EMPLOYEE VOLUNTEERING
Working with the Charitable Foundation, we actively encourage employee fundraising and volunteering in support of our partner charities, plus other NFPs which focus on the same core themes. Recent activities have included homework tutoring, participating in children’s outings, providing professional development workshops, taking part in sporting competitions, native tree planting, and giving informal advice re organisational structure and strategy.
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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 2022 just over $100,000 was donated via WPG to more than 50 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.
