Volvo Financial Services and JA Expand Partnership

March 28, 2024

Today, Volvo Financial Services (VFS) and JA Worldwide announced the expansion of our partnership, bringing more JA learning experiences to Romania and Sweden in addition to efforts already underway in Brazil, France, India, Italy, Peru, South Africa, Spain, the United Kingdom, and the United States.

“As significant change reshapes our world, understanding basic financial principles becomes an even more important cornerstone for future success,” said Marcio Pedroso, President of 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.”

VFS and JA established our partnership in 2022, with VFS employee volunteers and JA educators working together to bring financial literacy skills to youth through JA’s learning experiences. Young people who participate also have a chance to learn about finance-related careers from VFS employees, who are leading the learning experiences for young people. In the first year of the partnership, about 140 VFS staff 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 and CEO of 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 demonstrates VFS’s 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.