Corporate Responsibility / Community

Active In Helping Our Communities Thrive

Pretium and our operating companies build forward-thinking partnerships to support, build capacity, and grow relationships with community institutions.

Scroll

Pretium’s employees and investments serve hundreds of thousands of families, entrepreneurs, businesses, and communities right where they live and work. More than 7,000 professionals are employed by Pretium and our operating businesses, include employees across 50 global offices. Our business increases housing access in neighborhoods of choice, extends credit to entrepreneurs investing in housing infrastructure in their communities, and supports credit solutions for well-known companies and brands.

Corporate and Employee Philanthropy

In 2023, Pretium and its operating and portfolio companies donated to more than 25 organizations that serve a diverse range of missions. We also support corporate-sponsored and employee-driven volunteering efforts. Pretium further expanded the scope of giving as our matching gifts program matched employee donations to 86 eligible 501(c)(3) organizations in the 2023 calendar year as well as provided employees with two (2) days of Volunteer Time-Off to give time to the organizations that mean the most to our employees.

Affordable Housing

Pretium has a deep understanding and responsibility to the importance of affordable housing. In 2022, we launched a charitable strategy to work with local community-based affordable housing nonprofits working to support affordable homeownership in the communities in which we operate. The firm supports Housing Partnership Network’s (HPN) Building Neighborhoods Fund (BNF) that partners with nonprofit member CDFIS’s and single-family homeownership developers to increase single family home supply. Pretium’s operating company, Progress, now works across the Pretium portfolio to manage more than 2,000 affordable and has expanded participation in the Housing Choice Program by more than 75% year over year.

Environmental Impact

Pretium is committed to supporting environmental sustainability practices in our residences, construction, and offices. This commitment includes a wide range of initiatives, including renovation of existing housing stock along with investing in energy efficient new single family homes, upgrading technology that allows residents to more efficiently manage their energy use, and more active benchmarking our ESG data. Through 2023, Pretium has invested in more than 2,100 homes with building certifications or energy ratings. We’ve expanded our energy saver and solar home pilot programs. And 99% of new construction investments are with builders with environmental programs.

Pretium is deeply committed to supporting the local community through active employee participation in volunteer events and philanthropy programs. By dedicating our time and resources, we believe these efforts could make a positive impact and strengthen the bonds within our community.”
Frank Yu

Managing Director, Finance

/
State of Impact & Sustainability Report

Cookies Policy

“Cookies” are pieces of data sent from a Web server to a Web browser that enable a Web server to identify users that visit a website hosted by the server. This information also may include the browser name, the type of computer, and technical information about Users’ means of connection to our Website, such as the operating system and the Internet service providers utilized and other similar information. We use Cookies to enhance the operation of our Website and to identify Users on the Website so that we can provide you more customized information and services. At your discretion, you may configure your Web browser not to accept cookies from our Website. However, if you do not accept cookies from our Website, you may lose access to the Website or experience decreased Website performance.