Asset manager APG is acquiring Deloitte Nederland's data analytics team for sustainable investing as part of wider plan to allocate €58bn ($71bn) to sustainable investments by 2020. The deal will see the acquisition of a number of Deloitte Nederland staff and their expertise in data analytics, including its chief executive officer Mark van der Vlugt. Thirteen Deloitte employees will move to APG, tasked with finding listed companies contributing to solutions for climate change, healthcare and education.
Asset manager APG is acquiring Deloitte Nederland's data analytics team for sustainable investing as part of wider plan to allocate €58bn ($71bn) to sustainable investments by 2020. APG said the deal will speed up its use of artificial intelligence and big data for such investments. Thirteen Deloitte employees will move to APG, tasked with finding listed companies contributing to solutions for climate change, healthcare and education.