Author: sHq_LoGiNz

Originally published in the CVS Health National Economic Impact Report

With more than 9,000 locations and 300,000 employees, CVS Health is a driving force in the American economy, delivering $474 billion in economic impact nationwide.

As one of the country’s largest private employers, we’re making health care more affordable and accessible for you and your family.

Discover how our economic footprint benefits communities across the U.S: creating jobs, fueling local investments and generating tax revenue that supports schools, emergency services, infrastructure and more.

With 84 locations, CVS Health is bringing high-quality and affordable care to Rhode Island communities, improving people’s health and driving economic growth.

$3.4B in annual economic impact
CVS Health’s operations in Rhode Island generated an economic impact of $3.4B in FY24. This includes a direct impact of $1.5B, $564.9M indirect and $1.3B induced.

Source: Parker Strategy Group using data from CVS Health in IMPLAN

With multiple locations and prescription delivery services, CVS Health proudly serves patients and communities throughout Rhode Island.

Supporting and Sustaining Jobs

Overall, CVS Health supported 17,925 jobs in Rhode Island in FY24 (9,047 direct employees, 2,594 indirect and 6,284 induced).

Source: Parker Strategy Group using data from CVS Health in IMPLAN

Generating $1.4 Billion in Labor Income

CVS Health generated $1.4B in total labor income in Rhode Island ($834.6M direct, $176.8M indirect and $425.9M induced) in FY24.

Giving Back to the Community

• $3.3 Million in Community Support
• 5,383 Volunteer Hours

Source: CVS Health, 2024 Data

To learn more, Download national report and Explore impact by state

Methodology

The study is a snapshot of economic impact as of December 31, 2024, unless otherwise noted. Data used to complete the economic analysis was provided by CVS Health. Data supplied included operating expenditures, capital spending, pay and benefits, direct taxes paid and total employees. The colleague data used in the analysis of the report represents the sum total of all colleagues who were in the state at any time in 2024. Average number of CVS Health colleagues reflects a point-in-time estimate in 2024. Primary and secondary data was used to complete the input-output models in IMPLAN. Additional jobs include indirect employment created as a result of CVS Health’s economic impact and induced employment as a result of household spending by CVS Health employees and employees of vendors. The CVS Health colleague and location data is as of January 1, 2025. Patient counts are not unique across mail, retail and specialty pharmacy. Numbers in this report are subject to rounding.

 

STAMFORD, Conn., May 14, 2026 /3BL/ – Webster Financial Corporation (“Webster”) (NYSE: WBS), the holding company for Webster Bank, N.A. (“Webster Bank”), published its 2025 Corporate Responsibility Report highlighting achievements integrating sustainability and investments that drive social, environmental, and economic value across the bank’s footprint.

“Our shared commitment to sustainability is more than just a business imperative, it is a collective responsibility to deliver meaningful impact for our clients, communities and stakeholders,” said Marissa Weidner, Chief Corporate Responsibility Officer, Webster Bank. “This year’s milestones reflect our continued efforts to embed economic vitality and responsible governance into the core of our sustainability efforts.”

Some key highlights include:

• Webster’s Community Investment Strategy (CIS) continued to expand access to capital in low- and moderate-income neighborhoods, offering residential mortgage lending, small business lending, financing for community development projects, qualified investments and philanthropic dollars, technical assistance and financial services to support economic resilience. Ongoing partnerships with regional Community Advisory Councils help ensure our view of the market remains informed by the needs of our communities.
• Webster expanded the Finance Lab initiative in 2025, launching three new locations and expanding opportunities for students to gain the skills needed for financial empowerment and long-term success. The bank also hosted the first Finance Lab Convening, bringing nine nonprofit partners together to share their experiences and collaborate on program growth.
• New impact reporting for Webster’s CIS and Philanthropy programs offered greater transparency into the bank’s collaboration with nonprofit partners, as it works to support economically vibrant communities.
• Webster introduced a new Multicultural Outreach initiative, designed to enhance access to banking services and promote financial inclusion.
• Webster published its first Climate-related Risk and Opportunity Report, providing stakeholders with a clear view of Webster’s approach to managing climate physical and transition risks.

Learn more about Webster Bank’s commitment to communities and corporate citizenship here.

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About Webster

Webster Bank (“Webster”) is a leading commercial bank in the Northeast that provides a wide range of digital and traditional financial solutions across three differentiated lines of business: Commercial Banking, Consumer Banking and Healthcare Financial Services, one of the country’s largest providers of employee benefits and administration of medical insurance claim settlements solutions. Headquartered in Stamford, Conn., Webster is a values-driven organization with more than $80 billion in assets. Its core footprint spans the northeastern U.S. from New York to Massachusetts, with certain businesses operating in extended geographies. Webster Bank is a member of the FDIC and an equal housing lender. For more information about Webster, including past press releases and the latest annual report, visit the Webster website at www.websterbank.com.

 

Media Contact:
Aleksandrs Rozens, 646-234-0766
arozens@websterbank.com

Henkel’s legacy began in 1876, with Fritz Henkel, a young man with a bold idea to revolutionize the way the world would do laundry forever. Driven by a pioneering spirit, Henkel kept moving forward across continents and generations impacting the lives of millions in both the consumer goods and adhesive technologies industries.

Reaching the milestone of 150 years is more than history—it is a promise for the future: to keep creating, innovating, and shaping what comes next; to make life easier for our customers, consumers, and partners; and to find new ways to transform entire industries and communities while making our world more sustainable.

In celebration of the anniversary, Henkel has created a video that travels through 150 years of Henkel, following our founder, Fritz Henkel, brought to life as an AI‑generated avatar.

May 14, 2026 /3BL/ – We’re excited to be a partner at Trellis Impact 26, taking place June 23–25 in San Francisco. Trellis Impact brings together 3,500+ leaders powering the future of sustainable business, from AI-enabled solutions to emerging technologies reshaping decarbonization, energy, circularity, and beyond. 
 

With 500+ speakers across 100+ sessions, hear directly from the operators, technologists, corporate leaders, researchers, and investors pushing the frontier of climate innovation — so you can accelerate implementation, unlock new opportunities, and drive measurable impact. 

Now is a great time to register before rates increase after May 15. Attendees can currently save $400 with the advance rate, plus an additional 20% off with our partner discount code.

Register now and save an extra 20% off with our partner code TI263BLP: https://bit.ly/49COKTL 

Register Now

Working to keep bills as low as possible

At Entergy, our 12,000 employees work hard every day to keep customers’ bills as low as possible. In 2025 some of their successes included:

Grid work before storms: When we reinforce our grid before severe weather strikes, customers save money because it’s much less costly to make improvements ahead of a storm than make repairs afterward. This work will save customers millions in avoided storm fees and means fewer and shorter outages when interruptions do occur.

Modernizing our generation fleet: Modern technologies equal better efficiency, and our new, modern power generation sources help us and our customers meet cleaner energy goals. Newer plants are more fuel efficient, which lowers fuel charges on customer bills for the long term.

Recruiting large customers who help pay grid costs: Having large, industrial or technology/data center customers to help pay for the upkeep and expansion of the power grid eases the costs residential customers bear for their power needs.

Offering bill support: Our Bill Toolkit provides customers with resources and available assistance options to help them more easily manage their energy bill. Whether you have questions about your bill, need more time to pay or are looking for assistance, our one-stop shop connects you to available programs and services.

Providing tax and federal program assistance: Every tax season, we have helped low-income customers across our service area receive millions in federal tax refunds. We help customers save additional dollars by connecting them to federal funding resources including LIHEAP and Single Stop, and we offer The Power to Care — our longheld bill assistance program for qualifying customers.

Read the full report here.