The largest pension fund in the world has been clarifying its sustainability goals in the last few years and fund managers ought to take note, as it is an initiator and it is working with other large asset owners. On Tuesday, CalPERS's investment committee will hear a keynote presentation from Hiro Mizuno, executive managing director and chief investment officer of the Japanese Government Pension Investment Fund (GPIF). He will present the Fund's experience aligning interests with investment managers on fees, time horizon, and sustainability. The GPIF's objective is to make the market more sustainable, not beat it, says the presentation.