NATURAL CAPITAL SOLUTIONS

PRIVACY NOTICE

The United Nations has proclaimed a Decade of Ocean Science for Sustainable Development (2021-2030) to support efforts to reverse the cycle of decline in ocean health and gather ocean stakeholders worldwide behind a common framework that will ensure ocean science can fully support countries in creating improved conditions for sustainable development of the Ocean.

One of the key focus areas will be alternative funding systems, including promoting public/private partnerships as well as new investment models.

OFC is a credible platform purposefully designed to deliver these outcomes.

All Sustainable Development Goals (SDGs) interact with one another – by design they are an integrated set of global priorities and objectives that are fundamentally interdependent.

Conserve and sustainably use the oceans, seas and marine resources for sustainable development.

Understanding the range of positive and negative interactions among SDGs is key to unlocking their full potential at any scale, as well as to ensuring that progress made in some areas is not made at the expense of progress in others. The International Council for Science defined some key interactions between SDG 14 (Life Below Water) and other SDGs:

Left blue chev

Healthy, productive and resilient oceans and coasts are a critical enabler of poverty alleviation, environmentally sustainable economic growth, and human wellbeing, especially in coastal communities.

Oceans are essential for ensuring food security and meeting nutritional needs. Fisheries and other natural resource use generally benefit from sustainable practices and balanced conservation measures.

Oceans are one of the largest sources of nutritional and pharmaceutical products. In addition, the management of oceans also have a significant role to play in the prevention of tropical diseases, combating water-borne diseases and other communicable diseases as well as reducing the number of deaths and illnesses from hazardous chemicals and water pollution and contamination.

Oceans, coastal and marine ecosystems create unique opportunities to ensure inclusive and equitable quality education and promote lifelong learning opportunities for all that can create relevant skills, including technical and vocational skills, for employment, decent jobs and entrepreneurship. Oceans also enable the aquisition of knowledge and skills needed to promote sustainable development, including, among others, through education for sustainable development and sustainable lifestyles.

Healthy, productive and resilient oceans and coasts are a critical enabler of poverty alleviation, environmentally sustainable economic growth, and human wellbeing, especially in coastal communities.

Oceans have a key role to play in: Universal and equitable access to drinking water, sanitation and hygiene. Improving water quality by reducing pollution, eliminating dumping and minimizing release of hazardous chemicals and materials. Integrated water resources management.

Expanding international cooperation and capacity-building support to developing countries in water- and sanitation-related activities and programmes, including desalination. Supporting and strengthening the participation of local communities in improving water and sanitation management

The ocean provides a space for renewable offshore energy, especially wind power; it also provides various forms of ocean energy, from wave and tidal power, to ocean currents and gradients in temperature or salinity.

Ocean space and resources are thus vital to ensure access to affordable, reliable, sustainable and modern energy for all.

Sustainable growth of marine and maritime sectors supports employment and economic growth. Oceans have the ability to increase per capita GDP, economic diversification, decent job creation, entrepreneurship, creativity and innovation, and encourage the formalisation and growth of micro-, small- and medium-sized enterprises.

In addition, oceans promote sustainable tourism that creates jobs and promotes local culture and products.

Building resilient infrastructure, promoting inclusive and sustainable industrialization and fostering innovation are all objectives that our oceans are able to assist in obtaining.

One area where this can be evidenced is the development of quality, reliable, sustainable and resilient infrastructure, including regional and transborder infrastructure, to support economic development and human well-being.

A sustainable and equitable ocean economy is necessary for reducing inequality within and among countries.

This is particularly true for small-scale fishers, which constitute the largest employment category in the ocean economy and are among the bottom 40% of the population by income, and coastal and island populations, which are also part of the global bottom 40% by income.

Healthy, productive and resilient oceans and coasts are a critical enabler of poverty alleviation, environmentally sustainable economic growth, and human wellbeing, especially in coastal communities.

Achieving SDG14 and sustainable consumption and production go hand in hand, not only in ocean-based industries and coastal communities.

Ending overfishing, sustainably managing marine and coastal ecosystems and reducing marine pollution supports the efficient use of natural resources and reduces food loss while sustainable consumption and production patterns will reduce marine pollution and support sustainable resource extraction practices.

Healthy, productive and resilient oceans and coasts are a critical enabler of poverty alleviation, environmentally sustainable economic growth, and human wellbeing, especially in coastal communities.

Conserve & sustainably use the oceans, seas and marine sources for sustainable development.

The ocean provides water as well as alternative resources that can play a significant role in protecting, restoring and promoting sustainable use of terrestrial ecosystems, sustainably managing forests, combating desertification, and halting and reversing land degradation and biodiversity loss.

Healthy, productive and resilient oceans and coasts are a critical enabler of poverty alleviation, environmentally sustainable economic growth, and human wellbeing, especially in coastal communities.

Due to the oceans creating a physical link and being a shared resource between almost all countries, working towards achieving SDG 14 creates a unique opportunity to strengthen the means of implementation and revitalize the global partnership for sustainable development.

Healthy, productive and resilient oceans and coasts are a critical enabler of poverty alleviation, environmentally sustainable economic growth, and human wellbeing, especially in coastal communities.

Oceans are essential for ensuring food security and meeting nutritional needs. Fisheries and other natural resource use generally benefit from sustainable practices and balanced conservation measures.

Oceans are one of the largest sources of nutritional and pharmaceutical products. In addition, the management of oceans also have a significant role to play in the prevention of tropical diseases, combating water-borne diseases and other communicable diseases as well as reducing the number of deaths and illnesses from hazardous chemicals and water pollution and contamination.

Oceans, coastal and marine ecosystems create unique opportunities to ensure inclusive and equitable quality education and promote lifelong learning opportunities for all that can create relevant skills, including technical and vocational skills, for employment, decent jobs and entrepreneurship. Oceans also enable the aquisition of knowledge and skills needed to promote sustainable development, including, among others, through education for sustainable development and sustainable lifestyles.

Women account for most of the workers in secondary marine-related activities such as fish processing and marketing. The ocean economy has an important role to play in ending all forms of discrimination against women and girls as well as giving women equal rights to economic resources, as well as access to ownership and control natural resources.

Oceans have a key role to play in: Universal and equitable access to drinking water, sanitation and hygiene.Improving water quality by reducing pollution, eliminating dumping and minimizing release of hazardous chemicals and materials.Integrated water resources management. Expanding international cooperation and capacity-building support to developing countries in water- and sanitation-related activities and programmes, including desalination.Supporting and strengthening the participation of local communities in improving water and sanitation management

The ocean provides a space for renewable offshore energy, especially wind power; it also provides various forms of ocean energy, from wave and tidal power, to ocean currents and gradients in temperature or salinity. Ocean space and resources are thus vital to ensure access to affordable, reliable, sustainable and modern energy for all.

Sustainable growth of marine and maritime sectors supports employment and economic growth. Oceans have the ability to increase per capita GDP, economic diversification, decent job creation, entrepreneurship, creativity and innovation, and encourage the formalisation and growth of micro-, small- and medium-sized enterprises. In addition, oceans promote sustainable tourism that creates jobs and promotes local culture and products.

Building resilient infrastructure, promoting inclusive and sustainable industrialization and fostering innovation are all objectives that our oceans are able to assist in obtaining. One area where this can be evidenced is the development of quality, reliable, sustainable and resilient infrastructure, including regional and transborder infrastructure, to support economic development and human well-being.

A sustainable and equitable ocean economy is necessary for reducing inequality within and among countries. This is particularly true for small-scale fishers, which constitute the largest employment category in the ocean economy and are among the bottom 40% of the population by income, and coastal and island populations, which are also part of the global bottom 40% by income.

Coasts are attractive for urban development, often due to opportunities for economic activities and the availability of natural resources, but coastal settlements are a major factor in increasing environmental pressures along the coast-sea-interface. SDG14 also reinforces sustainable and resilient coastal settlements and urbanisation.

Achieving SDG14 and sustainable consumption and production go hand in hand, not only in ocean-based industries and coastal communities. Ending overfishing, sustainably managing marine and coastal ecosystems and reducing marine pollution supports the efficient use of natural resources and reduces food loss while sustainable consumption and production patterns will reduce marine pollution and support sustainable resource extraction practices.

Due to its size as well as unique role and function, the ocean arguably has the largest role to play with regards to climate change mitigation, adaptation as well as impact reduction. Likewise, protecting our ocean from the consequences on it due to climate change, is an imperative if we want to ensure the ocean can continue to provide us with the economic, social and environment goods and services we rely on.

Conserve & sustainably use the oceans, seas and marine sources for sustainable development.

The ocean provides water as well as alternative resources that can play a significant role in protecting, restoring and promoting sustainable use of terrestrial ecosystems, sustainably managing forests, combating desertification, and halting and reversing land degradation and biodiversity loss.

The sustainable management and use of the ocean and marine resource can contribute to achieving the objectives of promoting peaceful and inclusive societies for sustainable development, providing access to justice for all and building effective, accountable and inclusive institutions at all levels.

Due to the oceans creating a physical link and being a shared resource between almost all countries, working towards achieving SDG 14 creates a unique opportunity to strengthen the means of implementation and revitalize the global partnership for sustainable development.

Date of last review: 18 February 2025
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Introduction
‍
Oceans Finance Company B.V. is committed to safeguarding Personal Data and processing Personal Data in line with applicable privacy and data protection laws. OFC functions, as the entity you contract with, as the controller of your Personal Data.

This Privacy Notice sets out the purposes for which we collect, use, and disclose (collectively “Processing”/ “Processed”/ “Process”) Personal Data, and how it is protected. It also sets outs individuals’ rights in relation to the processing of their Personal Data.

There may be additional terms, conditions and commitments that also govern how we collect, use and disclose your Personal Data, which should be read in conjunction with this Privacy Notice.

In this Privacy Notice you will find the following information:

What Personal Data do we process
How do we collect your Personal Data
Purpose and legal basis for processing your Personal Data
With whom do we share your Personal Data
How We Protect Your Data
How long do we store your Personal data
What are your rights and how you can exercise them
Use of cookies in mailings or on our website
Changes to this Privacy Statement
Contact
Complaints

‍What Personal Data do we process
‍
The nature of the Personal Data that we collect will depend on the services provided, applicable laws and our relationship with you. The following is a non-exhaustive list of the Personal Data we collect:

Identification Data

Full name, title, gender, marital status, date of birth, passport number, driving license number, national identification number, signature

Contact Data

‍Personal address, telephone number, email address

Electronic Monitoring Data

‍To the extent permitted by law, we may record and monitor your electronic communications with us, including telephone conversations, emails, instant messaging and any other electronic communications‍

Employment Data

‍Curriculum vitae/résumé; academic background and qualifications; languages spoken; positions held/job titles; work addresses, employment contracts, performance data, salary, bonus and other HR records

Financial Data

‍Account number, client reference number, account statements, investment history

Marketing and Communications Data

‍Marketing and communication preferences; information about your use of our websites, our portals and platforms as explained below in relation to cookies‍

Professional Information Data

‍‍Position/job title, business address, business telephone number business email address

Profile Data

‍Investments made by you, services requested, marketing communications responded to

Services Data

‍‍Payment details to and from you, details of services you have provided to us, or we have provided to you‍

Special Personal Data

‍‍In limited circumstances we may collect information about criminal convictions and offences, when legally required; dietary requirements, if we are arranging catering; disability, to make reasonable accommodations for you in our buildings; political affiliations, for us to determine whether you are a politically exposed person

Technical Data

‍‍Your use of and interaction with our online services, your IP address browser type and version, browser plug in types and versions operating system

‍How do we collect your Personal Data

We will collect Personal Data for specified, explicit and legitimate purposes only and we will not process data that is not necessary in relation to these purposes.
We may collect Personal Data in several ways, including:

directly from you
If you are representative of an organization or entity that is a client or vendor of OFC, and that organization or entity provides us with your Personal Data
from other sources, such as recruitment agencies, career websites, third-party sources such as your (former) employer or colleagues
from publicly available sources such as LinkedIn or the corporate website of the organization you are working for
through visits to our websites and social media sites
by means of cookies

‍Purpose and legal basis for processing your Personal Data

The below table sets out the purposes and basis for which we process your Personal Data and the legal bases for these activities, grouped by data subject categories:

‍For Clients, Prospective Clients, Business Partners and Investors:

Provision of our services & administration thereof.

Promotion of ideas and events relating to services we provide.

Accuracy of client records.

Maintenance of records of communications and management of our business relationship.

Performing anti-money laundering, anti-terrorism, sanction screening, fraud, KYC and other due diligence checks.

Prevention and detection of fraud and other illegal activity or misconduct.

Communication, such as direct marketing, informing clients, reporting requirements, etc.

To manage payments, fees, and charges and to collect and recover money owed to us.

To interact with governmental or regulatory bodies or other competent national authorities.

To manage and protect our business, including improving data security, troubleshooting data and systems, system maintenance and testing, data hosting, managing our offices and other facilities.

For Employees and Potential Employees:

Employment management and HR operations, ensuring complete and accurate information within your profile.

To process your employment application including to identify and contact you; to assess whether you have the professional skills, expertise and experience required for the position applied for; and to make recruitment decisions.

If you are offered and accept a position, to conduct background screening (as allowed or required by law), including: verification of all information provided; searches with a credit reference agency; criminal record (including fingerprinting); sanctions screening.

Administrative tasks in preparation for joining once the background screening is successfully completed.

In relation to vendor services:

To engage you or the organization or entity you work for as a new supplier, including performing anti-money laundering, anti-terrorism, sanctions, fraud, and other background checks.

To manage payments, fees, and charges and to collect and recover money owed to us.

Where we provide you access to our systems we need to manage and protect our business, including improving data security, troubleshooting data and systems, system maintenance and testing, and data hosting.

With whom do we share your Personal Data
‍
We take appropriate measures to ensure that the Personal Data will be properly Processed in accordance with applicable rules and regulations. When required, Personal Data may also be shared with competent authorities and/or specific OFC advisors (e.g. Depositary Service Provider), within the scope of the purposes explained in the data request. In respect of one or more of the purposes outlined above, we may disclose Personal Data in any jurisdiction to:

professional advisors, third parties, agents or independent contractors that provide services to OFC (such as IT systems providers, platform providers, financial advisors, brokers, consultants (including lawyers and accountants)
goods and services providers (such as providers of marketing services where we are permitted to disclose your Personal Data to them), intermediaries, brokers, and other individuals and entities that partner with us
Intra-group to related affiliates also working on providing you with related services;
law enforcement agencies; financial regulators and other relevant regulatory authorities; government bodies; tax authorities; courts tribunals and complaints/dispute resolution bodies where OFC is required or allowed to do disclose Personal Data;
other bodies as required by law or regulation;
financial institutions such as trustees, custodians and sub-custodians; insurers; fraud protection agencies; and/or similar suppliers or service providers; and
any person to whom disclosure is allowed or required by local or foreign law, regulation, or any other applicable instrument.

We will ensure that, where relevant, contractual safeguards are implemented to ensure the protection of your Personal Data when disclosing your Personal Data to a third party. For example, we have entered or will enter into data processing agreements with relevant parties (providing for restrictions on the use of your Personal Data and obligations with respect to the protection and security of your Personal Data).

When we share your Personal Data as set out above with other parties located in countries outside the EEA, these countries may offer a lower level of data protection than in the Netherlands. In such case, it shall be ensured that adequate measures are taken to ensure adequate protection of your Personal Data in accordance with applicable data protection legislation on the basis of Standard Contractual Clauses, as drafted by the European Commission.

How We Protect Your Data
‍
OFC uses a range of measures to ensure the appropriate level of security to process Personal Data.

Our staff are aware of OFC’s privacy obligations when processing Personal Data and receives training around phishing and password risks. Staff are obliged to handle this information with care and prevent business-critical, privacy-sensitive, or other confidential information from being accessible to unauthorised persons. Specifically, our staff must abide by the following general guidelines in respect of handling sensitive information or any information that OFC has not disclosed or made generally available to the public:

not make unauthorised disclosures of confidential information or use it for purposes other than those for which it was disclosed except as required by law
comply with the requirements imposed by a confidentiality agreement or undertaking, imposed by law, or as specified in internal policies, procedures, or rules
where confidential information is to be provided to another party, ensure that measures are in place to maintain the confidentiality of that information, such as a legally binding confidentiality agreement
take the appropriate care in handling such information and where a staff member gains access to potentially sensitive information that their manager is not aware of, they must notify them.

OFC employs various security measures to protect Personal Data, including:

administrative and technical controls to restrict access to Personal Data
technological security measures, such as firewalls, encryption, and antivirus software
physical security measures, like building access controls
external assessments, including security audits and vendor due diligence
comprehensive cybersecurity defenses, real-time monitoring, and incident management

‍The security of data transmitted over the internet (including by e-mail) cannot be guaranteed and carries the risk of access and interception. You should not send us any Personal Data by open/unsecure channels over the internet. We endeavour to protect Personal Data but cannot guarantee the security of data transmitted to us or by us.

How long do we store your Personal data
‍
We will process your Personal Data for as long as is necessary to fulfil the purpose for which it was collected or to comply with legal, regulatory, accounting, reporting or internal policy requirements but your Personal Data will not be kept on record for longer than required.

What are your rights and how you can exercise them

You may have the following rights in relation to the processing of your Personal Data:

Access – to request access and information about how we use your Personal Data
Correction – to request us to rectify your Personal Data where it is incorrect or incomplete;
Erasure – to request deletion of your Personal Data where OFC does not have a legal obligation or other valid reason to continue Processing it
Restriction to request that OFC restricts the way of processing of your Personal Data;
Object – to object to the processing of your Personal Data
Portability – to receive your Personal Data in a structured, commonly used and machine-readable format and to have your Personal Data transmitted to another organization.

You may exercise your rights at any time by contacting us using the details set out at the bottom of this Privacy Notice. We will respond to your request without undue delay and at least within the time period stipulated in applicable law.

Use of cookies in mailings or on our website

We use cookies to improve the user-friendliness of our website and to adjust the content of our communication. A cookie is a (temporary) text file that is placed on your desktop or mobile device. With cookies, we keep track of the surfing behaviour of our visitors. For example, we could track the duration of your website visit, the number of pages that are visited, geographic information and the browser type. Any information held about individuals as a result will be subject to the above standards of protection. We place the following cookies:

Functional cookies

These are necessary for the proper functioning of our website. We place these functional cookies by default so that the website works properly for you. It is not possible

Analytical cookies

‍With these cookies, we can keep the statistics of our site anonymously. In Google Analytics we can, for example, register the number of visitors, the page visit and the browser used. With this data, we improve user-friendliness so that visitors can find the information they are looking for faster. That is why the analytical cookies are enabled by default. It is not possible to disable these cookies.

Tracking / marketing cookies

‍We use these cookies for marketing purposes. With these cookies, we can measure recurring website visits and create a profile of a visitor. In addition, it is possible for us to track visits across different websites and to show targeted advertisements on other websites. You have the option to enable or disable these cookies.

Most web browsers automatically accept cookies, but you can usually customize the settings of your browser so that it refuses cookies. You must set your settings for each browser and on each computer you use.

‍Changes to this Privacy Statement

From time to time, we may need to change this Privacy Notice. The most recent version of this Privacy Notice is available on our website. We will inform you in case of material changes to our Privacy Notice.

Contact

For privacy-related inquiries or to exercise your rights, please contact:

Email: jp@oceansfc.com
Address: Korte Vijverberg 4, 2513 AB, The Hague, The Netherlands

‍Complaints
‍
You have the right to lodge a complaint with the Dutch Data Protection Authority. For more information, visit the Dutch DPA website. Furthermore, OFC’s Head of Assurance shall ensure appropriate notification to the Dutch DPA and the affected data subject of any Personal Data breaches within 72 hours after having become aware of it.