Volvo Financial Services, JA Worldwide Expand Partnership, Bringing Financial Literacy Education to More Youth

Volvo Financial Services (VFS) is excited to announce that we are extending our partnership with JA (Junior Achievement) Worldwide through 2025, as well as expanding the geographic reach of the financial literacy programs. In addition to efforts already underway in Brazil, France, India, Italy, Peru, South Africa, Spain, the United Kingdom and the United States, we will add programs in Romania and Sweden beginning this year.

“As significant change reshapes our world, understanding basic financial principles becomes an even more important cornerstone for future success,” said Marcio Pedroso, president, VFS. “Teaching these skills to youth also helps secure a more equitable and sustainable society, which is why we are so proud to continue our partnership with JA and expand our reach together.”

Our partnership with JA was established in 2022, with VFS employee volunteers and JA educators working together to bring financial literacy skills to youth through JA’s proven curriculum. Young people who participate also have a chance to learn about finance-related careers from our employees as they help teach these programs. In the first year of our partnership, about 140 of our colleagues partnered with JA educators to reach more than 14,000 youth around the world.

“One of the central ways that young people build self-efficacy is through role models who share their own financially healthy journeys,” said Asheesh Advani, president & CEO, JA Worldwide. “Renewing and expanding our partnership with VFS will enable even more Volvo volunteers to serve as financial mentors and role models to JA students. Without corporate partners like VFS enabling their employees to serve as volunteers, this key component of financial education wouldn’t be possible.”

Broadening our partnership with JA demonstrates our commitment to making a positive impact on society. It’s also fully aligned with the Volvo Group’s commitment to all 17 of the United Nations Sustainable Development Goals (SDGs). Strong financial literacy skills make a positive impact on several SDGs, including helping empowering women and girls and supporting quality education.