Business View Magazine | April/May 2022

17 BUSINESS VIEW MAGAZINE VOLUME 9, ISSUE 4 UBS DEMONSTRATES COMMITMENT TO SUSTAINABILITY BY SPONS ENVIRONMENTAL EVENTS TO IMPROVE HEALTH OF HONOLULU’S AL U BS Wealth Management USA has announced that it will be sponsoring two local events in Hawaii for the Genki Ala Wai Project , a non-profit organization under the Hawaii Exemplary State Foundation. The organization works with The Eco Rotary Club of Kaka’ako, to help introduce bioremediation technology that will make the Ala Wai Canal in Honolulu, Hawaii, fishable and swimmable within seven years. A manmade canal on the northern boundary of the tourist district of Waikiki, the Ala Wai Canal provides drainage to swamps, rivers, and streams in central and East Honolulu. As a top- used inland waterway in Hawaii, it is enjoyed by paddlers and boaters, even as urbanization increases pollution to its waters. Over the years, sludge has formed and accumulated in the canal due to oxygen deficiency. The sludge produces harmful gases such as methane, ammonia, and hydrogen sulphide into the water and has made the canal a toxic environment. The Genki Ala Wai Project will use Genki balls, softball-sized mud balls made from clay soil, rice bran, molasses, water, and Effective Microorganisms (“EM”) solution. The Genki balls OPENING L INES