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Privacy Policy for Wallenberg Investments AB

About Wallenberg Investments AB

Wallenberg Investments AB (“WIAB”) is responsible for the administration of the non-profit Foundations formed by the Wallenberg family or established in memory of family members. WIAB’s primary activities are to provide administrative, legal, accounting, networking and asset management services to the Foundations.

Read more about WIAB and the Wallenberg Foundations at www.wallenberginvestments.com and www.wallenberg.org

About this Privacy Policy

The Wallenberg Foundations and WIAB protect your personal privacy. This Privacy Policy describes certain personal data processing where WIAB processes personal data for its own account, including purposes for which personal data are processed, what personal data are collected and the measures that WIAB takes to protect personal data. For information about personal data processing when a Foundation acts as data controller, for example in connection with a grant application, please see the Privacy Policy for the Wallenberg Foundations at https://wallenberg.org/en/privacy-policy or contact us (see section 9).   

This is a general Privacy Policy. For specific activities and processing of personal data, this Privacy Policy may be supplemented by additional policies or privacy notices. In such cases, this general Privacy Policy shall be read together with the specific policy provided for the specific activity.

Information about WIAB’s processing of personal data

WIAB collects and processes personal data in accordance with the General Data Protection Regulation (EU) 2016/679 and other applicable privacy laws and regulations. “Personal data” means data that can be used to identify a natural person who is alive.

In contacts with WIAB, you may provide WIAB with information about yourself or personal information that WIAB asks you to provide. This applies, for example, when WIAB should inform you and answer questions about its activities. The information that is provided or collected may refer to your name, title, postal address, email address, telephone number, and other information that you choose to provide. Please only provide information to the extent that it is necessary for your contacts with WIAB.

WIAB only keeps your personal data for as long as necessary for the purpose of the processing. The personal data will be weeded out or anonymized when no longer relevant for the original purpose of processing.

WIAB processes personal data as a data controller as follows.

Personal data:Purpose:Legal basis:Retention:
Contact information and professional details in order to enable a business relation.To be able to provide service and respond to inquiries regarding WIAB’s activities, and to manage WIAB’s relation with you and the organization you represent.Legitimate interest.Kept as long as business relation is current.
Contact information and professional details.For internal administration purposes, internal statistics, and to evaluate, develop and improve WIAB’s operations.Legitimate interest.Kept as long as necessary for administrative and analytical purposes.
Contact information and professional details.To administer and handle applications for project grants and grants to individual researchers before and after the application process.Legitimate interest.Kept as long as the relation with the applicant is current.
Information provided by the person making a request about WIAB’s activities, for example, contact information.To provide information about WIAB’s business and activities to those who have shown interest.Consent.1Kept as long as relation is current.
Information required under applicable laws, regulations or government decisions.To allow WIAB to fulfil legal obligations under applicable laws, regulations or government decisions.Legal obligation.Kept as long as necessary under applicable laws, regulations or government decisions.
Professional details, for example, accounting documents, meeting minutes, annual reports and printed matter.In order for WIAB to transfer documents to The Foundation for Economic History Research within Banking and Enterprise for archival and research purposes.2Performing a task of general interestKept as long as necessary for archival and research purposes.
Contact information and professional details in order to enable a business relation.To manage WIAB’s relations with existing and potential partners and service providers.Legitimate interest.Kept as long as business relation is current.
Contact information and professional details.To establish and maintain contact with persons that may be engaged by companies or foundations within the Wallenberg sphere.Consent.1Kept as long as necessary to establish and maintain contact with the person in question.

 

1 If you have given consent to certain processing of your personal data, the consent is a legal basis for that processing. Consent may be withdrawn at any time. Please note that a withdrawal of the consent will not affect the legality of the processing of personal data taking place prior to such withdrawal.

2 The Foundation for Economic History Research within Banking and Enterprise – in accordance with its statutes to promote scientific research – archives certain documents from WIAB’s activities for archiving and research purposes. Documents transferred by WIAB to The Foundation for Economic History Research within Banking and Enterprise for archival and research purposes are only transferred for this purpose and that purpose is consistent with the original personal data processing purpose. The Foundation for Economic History Research within Banking and Enterprise takes appropriate protective measures to ensure that the principle of data minimization is especially respected.

Disclosure of personal data

Within the framework of WIAB’s activities, and in order to achieve the above-mentioned purposes of data processing, WIAB may, in accordance with applicable legislation, share personal data with others with whom WIAB cooperates, such as the Wallenberg Foundations and WIAB’s service providers (for example, IT service providers).

In some cases, personal data collected by WIAB may be transferred to countries outside the European Economic Area (EEA). In this case, such transfer shall be carried out in accordance with the legislation in force and require that the country concerned has an adequate level of data protection, or that there are other sufficient safeguard measures to ensure that the transfer is lawful. If you want further information about such transfers or copies of agreements or similar safeguard measures, feel free to contact WIAB.

Personal data may also be disclosed to authorities in accordance with applicable legislation.

Security

WIAB takes the necessary and reasonable technical and organizational security measures to protect personal data from unauthorized access, disclosure, alteration or destruction. This means that WIAB, in its personal data processing activities, applies various physical and technical limitations and restrictions on access to personal data, including through technical authorization and access control systems, the use of firewalls, virus protection, backup systems and other network security, and the possibility of security measures such as encryption and de-identification of personal data where appropriate. If WIAB hires a third-party partner to support WIAB’s operations, WIAB ensures that the party applies the corresponding technical and organizational security measures and only processes personal data in the manner approved by WIAB.

Your rights

You have the right to receive confirmation free of charge of whether personal data about you are being processed by WIAB and, if such case, to request information about which personal data WIAB processes, from where this personal data have been obtained, the purposes for which the data have been processed, the recipients or categories of recipients the personal data have or may be disclosed to and, if possible, the anticipated period during which the personal data will be stored (the “Register Extract”). For such requests, WIAB will also provide the information that WIAB is obliged to disclose in accordance with applicable law.

Anyone who discovers that registered personal data are not up to date, inaccurate, incomplete or have been processed in violation of the above-mentioned purposes or relevant legislation may request WIAB to correct, block or delete such registered personal data.

You also have the right, under certain conditions, to request limitation of your data processing or request a copy of the personal data relating to you in a structured format (data portability).

Anyone who has given consent to a certain processing of personal data may at any time withdraw such consent by contacting WIAB. Upon withdrawal of consent, WIAB will cease any processing covered by such consent.

Requests to WIAB under this section shall be sent in accordance with the contact information below. We may ask certain questions in order to verify your identity.

For more information about your rights, visit the Swedish Authority for Privacy Protection’s (IMY) website, The data subject’s rights | IMY.

If you have any complaints regarding WIAB’s personal data processing, you may lodge a complaint with the supervisory authority (the Swedish Authority for Privacy Protection). For more information, visit the Swedish Authority for Privacy Protection’s website: www.imy.se.  The Swedish Authority for Privacy Protection’s contact information is: telephone: +46 8 657 61 00, email: [email protected], postal address: Integritetsskyddsmyndigheten, P.O. Box 8114, SE-104 20 Stockholm, Sweden.

Cookies

WIAB makes use of cookies for the information WIAB provides through its websites (https://www.wallenberginvestments.com/) for statistical evaluation and analysis, among other purposes. A cookie is a text file that is stored on your computer, for example, which enables identification of your computer.

There are two different types of cookies: session cookies and permanent cookies. A session cookie is automatically deleted when a website is closed. A permanent cookie is stored on your computer for a certain period of time. These two types of cookies can be placed on a website by different operators (first or third parties) for the purpose of storing them on your storage medium (for example, your computer’s hard drive). A first-party cookie is placed by the operator who operates the website that you visit or use. A third-party cookie is placed by an operator who does not operate the website you visit or use.

If you do not want to allow cookies to be stored on your computer, you can choose to reject cookies through our cookie message. You can also change it in your browser’s settings on your computer or delete the cookies stored on your storage medium. However, denying cookies could mean that WIAB's websites may not work properly.

The following table shows the different categories of cookies used in WIAB’s operations, the reason why they are used, and the operator that can, for example, place the cookie:

Type of cookie:Description:Life span:
Name: _ga
Category: Session
Purpose: Analytics
Origin: Google Analytics
Determines unique visitors.
Used on all web pages.
Stored up to 2 years
Name: _gid
Category: Session
Purpose: Analytics
Origin: Google Analytics
Determines unique visitors.
Used on all web pages.
Stored 24 hours
Namn: _gat
Kategori: Session
Purpose: Analytics
Origin: Google Analytics
Speeds up inquiries/requests.
Used on all web pages.
Stored 1 minute

Changes to the Privacy Policy

This Privacy Policy is subject to change. If changes are made to the Privacy Policy that alter the way we process your personal data, WIAB will update the Privacy Policy on the website.

Contact information

If you have any questions or comments regarding this Privacy Policy, please feel free to contact us.

Address:
Wallenberg Investments AB
P.O. Box 16066
SE-103 22 Stockholm, Sweden

Phone
+46 8 545 01 790

Email
[email protected]

Supervision

The supervisory authority for data protection in Sweden is the Swedish Authority for Privacy Protection. Read more at www.imy.se.