philip morris is not really able to talk aboutustainability iniatives. it is great in one way because it is absolutely not green wash. they are not going to sell more cigarettes because of taking action on climate change. they are doing this for business sustainability. kate: we are seeing more momentum towards this climate summit with calls for the private sector to step up in terms of transparency and action . mark: kate, as ever, fascinating stuff. kate moody with all the business. on the other side of our studio, good evening too. starting with the story with the fallout of the rally held by eric zermmour. it ended in a punch up, of violence. catalina: exactly as you mentioned. he launched his campaign with an event on sunday with a fight breaking out between antiracism activists and other attendees. the violence broke out inside and outside the venue. after -- following this event, there were tweets on social media claiming these images would be the artillery used by extreme left-wing activists. during the event you can see there is umbrellas, motor

philip morris we don't comment on tobacco because we don't want to see it and 3m is so low i want tot we have a conglomerate and a stock in gm, ibm waiting for the quarter, cliff is down and out because people think we're going into a recession which is not true and philip morris you're on your own, not going to comment on it. one more last but certainly not least let's go to franko in new york >> hello, mr. cramer this is franco from new york, new york my five stars are marvel, ibm, chevron, nike and microsoft. am i diversified >> these are so tough. let me tell you why they're tough. microsoft, it is going to have a great quarter. it is accelerating rerve growth. it is just terrific but it is tech and so is marvel. they have amazing numbers and really may indicate that next year is going to be even bigger. we're going to call this semiconductor and we'll call this just enterprise software. so that is how we'll try to say that they don't trade together now this was up huge and that was down huge but this report last night ibm, i will defer to the quarter. we have to see the quarter

on climate change, deforestation and water security metrics, hp, international fragrances and philip morris pptoed the list this year. that is your esg fast fact of the day. but also to do good with their money as well. ♪ ♪ green bonds are like any other traditional bond, but they come with a commitment from the company to invest in specific projects that achieve an environmental or social outcome. when the green bond market first started back in 2007, 2008, they were small retail-targeted transactions. now, it's over 200 billion dollars a year in issuance. we've seen a full spectrum of projects being supported by green and sustainability bond transactions. everything from more energy- efficient ice cream cabinets, to better forestry and farming, through to developing affordable and social housing. the bond market is a natural home for sustainability. buying green bonds is not just doing good, it's good business. i am navindu katugampola and we are morgan stanley. ♪ ♪ ♪ (sha bop sha bop) ♪ ♪ are the stars out tonight? (sha bop sha bop) ♪ ♪ ♪ alexa, play our favorite song again. ok. ♪ i only

take for example ibm they get a 51 out of 100 and 73 out of 100 and philip morris gets an average score s&p global the sg data is so noisy that some choose to ignore it altogether the world's largest believes esg ratings rarely help and instead using tools for picking climate friendly investments the disconnect between esg and environmental impact >> all right good stuff, kate, thank you. >>> that does it for "squawk on the street." "techcheck" begins right now. >>> good wednesday morning welcome to "techcheck" i'm carl quintanilla and deidre bosa. the sector closes out a tough 2021 we're going to break down how the disrupters

thinking an incredible revolution of our oil industry to have more conscience about pollution -- >> philip morris is out this morning saying we've done a better job in aggregate than the oil companies. >> oh, geez. i said the oil companies were un-investable, guys like sheffield, the pioneer, they said, listen, we hear you, man >> listen, they're pursuing things that whether bring them into the better graces, but there are plenty of esg top-down strategies. >> you're telling me that a company is saying -- while they cause cancer, it's less cancer is that the deal by the way, guys, buy us, we cause less cancer. less some -- >> it's in the pitch [ laughter ] >> fewer people are killed by us than others. there's something. >>> take a look at futures we're going to watch to see if we can hang on to gains. the curve continue to say flatten. claims were pretty good, though, 222, we were looking for 240 we're back in a moment small businesses like yours make gift-giving possible. now, comcast business has an exclusive gift for you. introducing the gift of savings sale. for a limited time, ask how to get

or s&p global i should say and a 73 out of 100 from refidive and philip morris gets an arth score on screen as well as a high score of 84 out of 100 so the esg data is so noisy that some choose to ignore it completely altogether. norway sovereign wealth fund, the world's largest believes esg ratings rarely help and instead they use their own tools for picking climate friendly investments. demonstrating the disconnect between esg ratings and environmental impacts. sara >> kind of confusing christina, thank you up next, omicron surging across the u.s. and the big question is when cases could peak. what dr. fauci told us earlier when "closing bell" comes back you want your data to be protected and secured. and your customers want seamless and easy. with ibm, you can do both. your company can monitor threats across your clouds, address all those regulations, and still create all new experiences. trustworthy ai powered security. that's why so many businesses work with ibm. >>> we are not contemplating a lockdown and i think when you look at countries that so-called lockdown, they are not