Terms & Conditions

Welcome to www.picnicfund.co.uk. Access to this website is provided by PICNIC Investment Limited (“Us” or “We”), registered company number 11459868, registered address W106 Vox Studios 1-45 Durham Street, London, United Kingdom, SE11 5JH.

These terms and conditions (the “Terms and Conditions”) (together with the documents referred to in it) tells you the terms of use on which you may make use of our website (www.picnicfund.co.uk) (our site), whether as a guest or a registered user. Use of our site includes accessing, browsing, or registering to use our site.

By using our site, you confirm that you accept these terms of use and that you agree to comply with them. If you do not agree to these terms of use, you must not use our site.

Our site is directed to people and organisations in the United Kingdom.  We do not represent that content available on or through our site is appropriate or available in other locations.  We may limit the availability of our site or any service or product described on our site to any person or geographic area at any time.  If you choose to access our site from outside the United Kingdom, you do so at your own risk.

Changes to terms and conditions 

We may amend our terms and conditions at any time and without notice. Please check this page from time to time to take notice of any changes we make, as they are binding on you.

Changes to website

We may amend the content on our site from time to time. However, please note that any of the content on our site may be out of date at any given time, and we are under no obligation to update it.

We do not guarantee that our site, or any content on it, will be free from errors or omissions.

Access to our site

Our site is made available free of charge.

Access to our site is not guaranteed and We may suspend, discontinue or withdraw all or part of the site at any time and without notice.  We will not be liable to you if for any reason our site is unavailable at any time or for any period.

Anyone who accesses our site through your internet connection agrees to be bound by these terms and conditions.

We may deny you access to this website or any part of this website without notice.

You agree not to use this website in any way that causes, or may cause, damage to this website or impairment of the availability or accessibility of this website; or in any way which is illegal, fraudulent, harmful, offensive or obscene or which may harass or cause distress or inconvenience to any person.

Registration and password

If you register on our site and enter a password, you must treat this information as confidential and not disclose it to any third party.  We have the right to disable your password if, in our reasonable opinion, you have failed to comply with any of these terms and conditions.  If you know or suspect that anyone other than you knows your user identification code or password, you must promptly notify Us at Nikki.gaddo@environmentalfinance.co.uk

Intellectual Property

We are the owner or the licensee of all intellectual property rights in our site, and in the material published on it.  Those works are protected by copyright laws and treaties around the world. All such rights are reserved.  Requests for permission to use our logo should be directed to Nikki.gaddo@environmentalfinance.co.uk

You may print off one copy, and may download extracts, of any page(s) from our site for your personal use and you may draw the attention of others within your organisation to content posted on our site.

You must not modify the paper or digital copies of any materials you have printed off or downloaded in any way, and you must not use any illustrations, photographs, video or audio sequences or any graphics separately from any accompanying text.

You agree not to use any part of the content on our site for commercial purposes without first obtaining a licence to do so from Us or our licensors.

Our status (and that of any identified contributors) as the authors of the content on our site must always be acknowledged.

If you print off, copy or download any part of our site in breach of these terms of use, your right to use our site will cease immediately and you must, at our option, return or destroy any copies of the materials you have made.

Rights you licence

When you upload or post content to our site, you grant the following licenses:

  • A worldwide, non-exclusive, royalty-free, transferable licence to use, reproduce, distribute, prepare derivative works of, display, and perform that content in connection with the services provided by our site and across different media and to promote the site or services; and
  • A worldwide, non-exclusive, royalty-free, transferable licence to allow third parties to use the content for their purposes.

We will only ever use your materials to carry out your instructions to Us – unless, very exceptionally, a court or other regulator orders us to disclose them.

No reliance on information 

The content on our website is not advice and should not be relied upon. You must obtain professional or specialist advice before taking, or not taking, any action based on any of the content on our site.

Although we make reasonable efforts to update the information on our site, we make no representations, warranties or guarantees, whether express or implied, that the content on our site is accurate, complete or up-to-date.

Materials submitted to us

Any content you upload to our site including photographs, a video or any graphics will be considered non-confidential and non-proprietary.  You retain all of your ownership rights in your content, but you are required to grant us [and other users of the Site] a limited licence to use, store and copy that content and to distribute and make it available to third parties and in particular to the PICNIC Investment  Investment Committee. The rights you license to us are described in the next paragraph (Rights you licence).

We also have the right to disclose your identity to any third party who is claiming that any content posted or uploaded by you to our site constitutes a violation of their intellectual property rights, or of their right to privacy.

We will not be responsible, or liable to any third party, for the content or accuracy of any content posted by you or any other user of our site.

Limitation of our liability

To the extent permitted by law, We shall not be held liable to any party in respect of any loss, damage or costs of any nature arising directly or indirectly from reliance placed on the material on this site or in connection with the use of or loss of use of this site.

Nothing in these terms and conditions (or elsewhere on our website) excludes or limits our liability for fraud, for death or personal injury caused by our negligence, or for any other liability which cannot be excluded or limited by English law.

We will not be liable for any loss or damage caused by a virus, distributed denial-of-service attack, or other technologically harmful material that may infect your computer equipment, computer programs, data or other proprietary material due to your use of our site or to your downloading of any content on it, or on any website linked to it.

To the extent permitted by law, we exclude all conditions, warranties, representations or other terms which may apply to our site or any content on it, whether express or implied.

We will not be liable to any user for any loss or damage, whether in contract, tort (including negligence), breach of statutory duty, or otherwise, even if foreseeable, arising under or in connection with:

  • use of, or inability to use, our site; or
  • use of or reliance on any content displayed on our site.

If you are a business user, please note that in particular, we will not be liable for:

  • loss of profits, sales, business, or revenue;
  • business interruption;
  • loss of anticipated savings;
  • loss of business opportunity, goodwill or reputation; or
  • any indirect or consequential loss or damage.

If you are a consumer user, please note that we only provide our site for domestic and private use. You agree not to use our site for any commercial or business purposes, and we have no liability to you for any loss of profit, loss of business, business interruption, or loss of business opportunity.

Viruses

We do not guarantee that our site will be secure or free from bugs or viruses.

You are responsible for configuring your information technology, computer programmes and platform in order to access our site. You should use your own virus protection software.

You must not misuse our site by knowingly introducing viruses, trojans, worms, logic bombs or other material which is malicious or technologically harmful. You must not attempt to gain unauthorised access to our site, the server on which our site is stored or any server, computer or database connected to our site. You must not attack our site via a denial-of-service attack or a distributed denial-of service attack. By breaching this provision, you would commit a criminal offence under the Computer Misuse Act 1990. We will report any such breach to the relevant law enforcement authorities and we will co-operate with those authorities by disclosing your identity to them. In the event of such a breach, your right to use our site will cease immediately.

Third party links and resources 

Any links on our site to third party websites and content are provided for information only.  Such links should not be interpreted as endorsement by Us of those linked websites. We will not be liable for any loss or damage that may arise from your use of them.

Linking to our site 

You may link to our home page, provided you do so in a way that is fair and legal and does not damage our reputation or take advantage of it.

You must not establish a link in such a way as to suggest any form of association, approval or endorsement on our part where none exists.

You must not establish a link to our site in any website that is not owned by you.

Our site must not be framed on any other site, nor may you create a link to any part of our site other than the home page.

We reserve the right to withdraw linking permission without notice.

If you wish to make any use of content on our site other than that set out above, please contact Nikki.gaddo@environmentalfinance.co.uk.

Governing Law

These terms and conditions and any matters relating to this website shall be subject to the exclusive jurisdiction of the courts of England and Wales.

Thank you for visiting our site.

Privacy Policy

PICNIC Investment respects your privacy and is committed to protecting your personal information. The EU General Data Protection Regulation and the Data Protection Act 2018 (the DP Legislation) enhance an individual’s rights in relation to personal information about them. This privacy notice will inform you how we collect and look after your personal information in accordance with the DP Legislation and tell you about your privacy rights and how the law protects you.

This privacy notice tells you what to expect when PICNIC Investment collects and processes your personal information.

It is important that you read this privacy notice together with any other privacy notice we may provide on specific occasions when we are collecting or processing personal data about you so that you are fully aware of how and why we are using your data. This privacy notice supplements the other notices and is not intended to override them.

Controller

PICNIC Investment  is the controller and responsible for your personal data (collectively referred to as ‘we’, ‘us’ or ‘our’ in this privacy notice).

Contact details

If you want to request information about our privacy policy you can email us at nikki.gaddo@environmentalfinance.co.uk

Changes to this privacy notice

We keep our privacy notice under regular review. This privacy notice was last updated on 20 August 2019 and historic versions can be obtained by contacting us.

Duty to inform us of changes

It is important that the personal data we hold about you is accurate and current. Please keep us informed if your personal data changes during your relationship with us.

Third party links

This website includes links to third-party websites, plug-ins and applications. Clicking on those links or enabling those connections may allow third parties to collect or share data about you. We do not control these third-party websites and are not responsible for their privacy statements. When you leave our website, we encourage you to read the privacy notice of every website you visit.

If you contact us via social media, the personal information you provide will remain on that platform and that platform will be the data controller. We encourage you to read the privacy notice of the relevant platform.

LEGAL BASIS FOR PROCESSING PERSONAL INFORMATION

Under the DP Legislation, we must have a legal basis for processing your personal information. In the situations described in the next section, we process your personal information for one of the legal bases set out below.

Legitimate interests: We may process your information where it is in our legitimate interests to do so as an organisation and without prejudicing your interests or fundamental rights and freedoms.

Consent: We may process your information where you give us your consent to do so. You have the right to withdraw this consent at any time by contacting us at nikki.gaddo@environmentalfinance.co.uk

All personally identifiable information (e.g. names, addresses, e-mails and telephone numbers) provided to Us is processed and secured in accordance with the principles of General Data Protection Regulation and the Data Protection Act 2018. We are registered with the Information Commissioner’s Office and our registration number is ZA504503.

THE SITUATIONS WHERE WE COLLECT DATA ABOUT YOU, WHAT DATA WE COLLECT AND WHY WE COLLECT IT

Visitors to PICNIC Investment website

When someone visits our website, we use a third party service provider, Google Analytics, to collect anonymised, aggregated data about visitors’ use of the website such as where the visitor came from, the browser types and versions, time zone setting and location and operating system used. We do this to find out things such as the number of visitors to the various parts of the site and to enable us to make the content useful. Further information about how Google uses this information and how you can control the information sent to Google can be found at https://support.google.com/analytics/answer/6004245?hl=en

We do not make any attempt to find out the identities of the individuals visiting our website. If we do want to collect personally identifiable information through our website, we will be up front about this. We will make it clear when we collect personal information and will explain what we intend to do with it.

This website uses cookies. A cookie is a small file of letters and numbers that we put on your computer if you agree. These cookies allow us to distinguish you from other users of the website, which helps us to provide you with a good experience when you browse our website and also allows us to improve our site. More information about cookies is provided in the next section.

Investment applicants

If we are in contact with you in relation to PICNIC Investment investing into, or alongside, your organisation, we will use the information you give us for administration and analysis and possibly for research. The majority of the information will not include personal information. However we may collect certain categories of personal information. We will collect contact details and job titles for you and other staff members at your organisation in order to contact you about the application or for due diligence. We may also use these details in the future to contact you about initiatives which we think will be of interest to you, such as surveys related to PICNIC Investment ’s work, invitations to PICNIC Investment  events, or to feature in our case studies.

If we are in contact with you for an investment opportunity, as part of our due diligence on the investment, the personal information we may also collect includes CVs, biographies, salary information and references for key people in your organisation. The majority of this will be information which you, or someone at your organisation, give(s) us. In some cases it will come from third parties such as when we seek references. We may also collect some information from publically available sources such as Companies House or your organisation’s website.

We may give copies of all or some of this information to other organisations (such as Access – the Foundation for Social Investment, our parent company Finance For Sustainability, professional advisers and third-party contractors) when assessing applications, conducting due diligence, administering and monitoring investments and evaluating processes and impacts and our systems and controls. We may make public aggregated, anonymised data as part of our research, impact reporting and engagement work.

We do not collect or compile personally identifying information for dissemination or sale to external parties for marketing purposes. If you give your consent, we may occasionally use your personal information to let you know about programmes which may benefit your organisation and these mailouts may be administered by third parties.

Otherwise, it is our policy to disclose information to third parties only if explicitly required to do so by United Kingdom Law or where your consent has been obtained.

Interactions with PICNIC Investment employees

If you meet an employee of PICNIC Investment, for example, at an event, and give them your contact details they will keep this information in order to contact you in the future about topics which might be of interest to you. They will also share this information with other staff members at PICNIC Investment and its parent company Finance For Sustainability, and occasionally they will pass it on to third parties who they think you would be interested to hear from. Similarly, we will sometimes receive your contact details from a third party who thinks you would be interested in hearing from us.

COOKIES

When PICNIC Investment provides services, our aim is to make them easy, useful and reliable. Where services are delivered on the internet, this sometimes involves placing small amounts of information on your device. For example, computer, mobile device or tablet. These include small files known as cookies.

Cookies cannot be used to identify you personally.

These small files known as cookies are used to improve services for you.

For example:

  • Enabling a service to recognise your device so you don’t have to give the same information several times during one task
  • Recognising that you may already have given a username and password so you don’t need to do it for every web page requested
  • Measuring how many people are using services, so they can be made easier to use and there’s enough capacity to ensure they are fast

Analysing anonymised data to help us understand how people interact with the website and compile a record of this usage information. This helps us to improve and develop the way the website works, for example, by determining whether website visitors can find information easily. 

How PICNIC Investment Use Cookies

A session cookie is written the first time a user visits the site. The cookie will be updated on subsequent visits. It is used internally by various modules/systems to improve efficiency and provide constant values throughout the user’s visit.

PICNIC Investment may also use website analytics tools provided by Google, Inc. (“Google”), known as Google Analytics. Google serves cookies through this website (_ga, _gid and occasionally others) and collects anonymised, aggregated data about visitors’ use of the website. The data Google collects enables PICNIC Investment to understand aggregated visitor activity across the website and how we may improve our website. This data does not enable any visitor to be personally identified, and includes:

  • Where a visitor came from (search engine, search keyword, link)
  • Each user’s amount of visits, and time of the first visit, previous visit and the current visit
  • Checks approximately how long you stay on site: when a visit starts, and approximately ends
  • Lastly they track the visitors movements around the site, so they change as each page is loaded

It is important to note that additionally, cookies may be written by 3rd party video providers (e.g. YouTube, Vimeo etc.) and 3rd party websites accessed via hyperlinks from our website when that content is viewed.

Cookies and consequent data processing’s carried out by such 3rd parties are regulated by their own privacy/cookie policies.

No specific cookies are written when documents are downloaded or forms are submitted, but these actions are recorded by Google Analytics cookies.

You can disable cookies through your web browser. Here are some external links with instructions on how to disable cookies for each of the main web browsers. Please note that these links are not the work of PICNIC Investment.

TRANSFERRING DATA TO OTHER COUNTRIES

We, or our third party providers, will not transfer the personal information we collect about you to any other country.

DATA RETENTION

We will only retain your personal data for as long as necessary to fulfil the purposes we collected it for, including for the purposes of satisfying any legal, accounting, or reporting requirements. To determine the appropriate retention period for personal data, we consider the amount, nature, and sensitivity of the personal data, the potential risk of harm from unauthorised use or disclosure of your personal data, the purposes for which we process your personal data and whether we can achieve those purposes through other means, and the applicable legal requirements. Details of retention periods for different aspects of your personal data are available in our retention policy which you can request from us by contacting us at nikki.gaddo@environmentalfinance.co.uk

CHANGE OF PURPOSE

We will only use your personal data for the purposes for which we collected it, unless we reasonably consider that we need to use it for another reason and that reason is compatible with the original purpose. If you wish to get an explanation as to how the processing for the new purpose is compatible with the original purpose, please contact us at nikki.gaddo@environmentalfinance.co.uk

If we need to use your personal data for an unrelated purpose, we will notify you and we will explain the legal basis which allows us to do so.

Please note that we may process your personal data without your knowledge or consent, in compliance with the above rules, where this is required or permitted by law.

DATA SECURITY

We have put in place appropriate security measures to prevent your personal data from being accidentally lost, used or accessed in an unauthorised way, altered or disclosed.

We have put in place procedures to deal with any suspected personal data breach and will notify you and any applicable regulator of a breach where we are legally required to do so.

YOUR RIGHTS

Under certain circumstances, by law you have the right to:

  • Request access to your personal information (commonly known as a “data subject access request”). This enables you to receive a copy of the personal information we hold about you and to check that we are lawfully processing it.
  • Request correction of the personal information that we hold about you. This enables you to have any incomplete or inaccurate information we hold about you corrected.
  • Request erasure of your personal information. This enables you to ask us to delete or remove personal information where there is no good reason for us continuing to process it. You also have the right to ask us to delete or remove your personal information where you have exercised your right to object to processing (see below).
  • Object to processing of your personal information where we are relying on a legitimate interest (or those of a third party) and there is something about your particular situation which makes you want to object to processing on this ground. You also have the right to object where we are processing your personal information for direct marketing purposes.
  • Request the restriction of processing of your personal information. This enables you to ask us to suspend the processing of personal information about you, for example if you want us to establish its accuracy or the reason for processing it.
  • Request the transfer of your personal information to another party.

No fee usually required

You will not have to pay a fee to access your personal data (or to exercise any of the other rights). However, we may charge a reasonable fee if your request is clearly unfounded, repetitive or excessive. Alternatively, we may refuse to comply with your request in these circumstances.

What we may need from you

We may need to request specific information from you to help us confirm your identity and ensure your right to access your personal data (or to exercise any of your other rights). This is a security measure to ensure that personal data is not disclosed to any person who has no right to receive it. We may also contact you to ask you for further information in relation to your request to speed up our response.

Time limit to respond

We try to respond to all legitimate requests within one month. Occasionally it may take us longer than a month if your request is particularly complex or you have made a number of requests. In this case, we will notify you and keep you updated.

COMPLAINTS OR QUERIES

If you have any questions about this Privacy Notice, or want to submit a written complaint about how we handle your personal information, please contact us via nikki.gaddo@environmentalfinance.co.uk. You have the right to make a complaint at any time to the Information Commissioner’s Office (ICO), the UK supervisory authority for data protection issues (www.ico.org.uk). We would, however, appreciate the chance to deal with your concerns before you approach the ICO so please contact us in the first instance.