Privacy Policy for Wallenberg Investments AB
About Wallenberg Investments AB
Wallenberg Investments AB (“WI”) is responsible for the administration of the non-profit Foundations formed by the Wallenberg family or established in memory of family members. WI’s primary activities are to provide administrative, legal, accounting, networking and asset management services to the Wallenberg Foundations.
Read more about WI and the Wallenberg Foundations at www.wallenberginvestments.com and www.wallenberg.org
About this Privacy Policy
The Wallenberg Foundations and WI protect your personal privacy. This Privacy Policy describes the personal data processing where WI processes personal data for its own account, including purposes for which personal data are processed, what personal data are collected and the measures that WI takes to protect personal data. For information about personal data processing when a Wallenberg 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 WI’s processing of personal data
WI 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 WI, you may provide WI with information about yourself or personal information that WI asks you to provide. This applies, for example, when WI 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 WI.
WI 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.
WI processes personal data as a data controller as follows.
| Personal data: | Purpose: | Legal basis: | Retention: |
| Contact information and other professional information relevant for facilitating business relations. | To be able to provide service and respond to inquiries regarding WI’s activities, and to manage WI’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 WI’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 WI’s activities, for example, contact information. | To provide information about WI’s business and activities to those who have shown interest. | Consent. | Kept as long as relation is current or until your consent is withdrawn. |
| Information required under applicable laws, regulations or government decisions. | To allow WI 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 WI to transfer documents to The Foundation for Economic History Research within Banking and Enterprise for archival and research purposes. | Performing a task of general interest | Kept as long as necessary for archival and research purposes. |
| Contact information and professional details in order to enable a business relation. | To manage WI’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.1 | Kept as long as necessary to establish and maintain contact with the person in question or until your consent is withdrawn. |
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.
Disclosure of personal data
Within the framework of WI’s activities, and in order to achieve the above-mentioned purposes of data processing, WI may, in accordance with applicable legislation, share personal data with others with whom WI cooperates, such as the Wallenberg Foundations and WI’s service providers (for example, IT service providers).
In some cases, personal data collected by WI 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 WI.
Personal data may also be disclosed to authorities in accordance with applicable legislation.
Security
WI takes the necessary and reasonable technical and organizational security measures to protect personal data from unauthorized access, disclosure, alteration or destruction. This means that WI, 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 WI hires a third-party partner to support WI’s operations, WI ensures that the party applies the corresponding technical and organizational security measures and only processes personal data in the manner approved by WI.
Your rights
You have the right to receive confirmation free of charge of whether personal data about you are being processed by WI and, in such case, to request information about which personal data WI 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, WI will also provide the information that WI 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 WI 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 WI. Upon withdrawal of consent, WI will cease any processing covered by such consent.
Requests to WI 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 WI’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
WI makes use of cookies for the information WI 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 WI's websites may not work properly.
The following table shows the different categories of cookies used in WI’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: permanent Purpose: Analytics Origin: Google Analytics (first party cookie) For more information about Google Analytics cookies and Google Analytics processing of personal data: How Google uses cookies – Privacy & Terms – Google Business Data Responsibility | Determines unique visitors. Used on all web pages. | Stored up to 2 years |
| Name: _ga_<measurement ID> Category: permanent Purpose: Analytics Origin: Google Analytics (first party cookie) | Keeps track of session state for Google Analytics 4. The name ends with the website’s measurement ID without the “G-” prefix. Used on all web pages. | Stored up to 2 years |
| Name: klaro Category: permanent Purpose: Functional Origin: WI (first party cookie) | Saves your choices in the consent tool so you do not have to answer again on every visit. Used on all web pages. | Stored 180 days |
| Name: NID, AEC, SOCS etc. Category: permanent Purpose: Functional (map display) Origin: Google Maps (third party cookie) | Set by Google when you accept external content and an embedded map is shown, e.g. on the contact page. Used by Google to display the map and remember settings. Used only on pages with a map. | Varies, up to 13 months |
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, WI 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.
The Swedish Post and Telecom Authority (PTS) is the supervisory authority for use of cookies in Sweden. For more information about cookies, visit www.pts.se.