For the Third Year, Pinnacol Assurance Recognized as One of the 50 Most Community-Minded Companies in Colorado
Denver, CO (WorkersCompensation.com) - Leading Colorado-based workers' compensation insurer Pinnacol Assurance has been named an honoree of The Civic 50 Colorado by CSR Solutions of Colorado and Points of Light for its robust corporate citizenship programming. Pinnacol's grantmaking, corporate volunteerism, scholarships program, compassionate support for injured workers, sustainability efforts, and championing of diversity, equity and inclusion are all ways it cares for Colorado. This is the third consecutive year Pinnacol has received this recognition.
The award is determined by an independently administered and scored survey. The Civic 50 Colorado award provides a standard for superior corporate citizenship and showcases how companies can use their time, skills and resources to impact their communities.
“Our charitable giving efforts get to the heart of what Pinnacol stands for — protecting the health and safety of Colorado employers and their employees, helping injured workers get back to work, and supporting a healthy business climate in our state,” said Edie Sonn, Pinnacol's vice president of Communications and Public Affairs. “We're proud to be named among the top 50 and we will continue to be a force for good in Colorado.” In addition to their core corporate social responsibility programs, last year Pinnacol added philanthropic giving to support businesses, workers and communities affected by the coronavirus pandemic.
Pinnacol donated nearly $2.5 million to an array of funds that supported small businesses and communities in Colorado impacted by the coronavirus pandemic.
The Pinnacol Foundation awarded $347,150 in scholarships to 74 children of workers who were killed or seriously injured on the job, regardless of the insurer.
Pinnacol awarded more than $465,150 in grants to programs focused on protecting the health and safety of Colorado employees, helping injured workers get back to work, and promoting a robust business climate and skilled workforce statewide, prioritizing organizations that support advanced skill development programs designed to create opportunity for BIPOC communities as part of their commitment to diversity, equity and inclusion.
Through its Employee Giving Campaign, Pinnacol and its employees donated $306,250 to local nonprofits and charities.
When the pandemic hit, Pinnacol employees pivoted and found creative ways to volunteer remotely, collectively participating in more than 500 hours of virtual and in-person volunteer activities, including donating meals to essential workers.