Sustainable development has become one of the main concerns of world politics and political science discussion when societies struggle with such complicated problems as economic disparity, environmental destruction and social exclusion. With the implementation of the Sustainable Development Goals (SDGs) in 2015, the United Nations developed a comprehensive framework, which is meant to enhance balanced development in the economic, social, and environmental aspects. Higher education institutions are generally considered to be central in achieving these objectives since they mould future professionals, create researches, and shape values in the society. In this respect, the role of commerce education takes a very prominent place since it is directly related to the economic systems, corporate governance, and business decision-making processes. The paper is a critical look into the degree that commerce education can help in sustainable development and fulfilment of SDGs. Based on theoretical postulations, such as Human Capital Theory, Stakeholder Theory, and Triple Bottom Line framework, the paper addresses the possibility of incorporating sustainability principles into the curricula and pedagogy of commerce. It also examines whether business education can be used to facilitate responsible corporate behaviour, ethical leadership and sustainability-focused entrepreneurship. At the same time, the article assesses the weakness of the traditional commerce education that has traditionally focused on maximisation of profits and shareholder value without considering the environmental and social aspects. The results also highlight the significance of curriculum reform, interdisciplinary methods of learning and increased integration between universities and industry. Commerce education can prepare a future generation of business leaders who will be able to reconcile economic development with environmental stewardship and social responsibility by endow with sustainability-oriented knowledge and skills. The paper concludes by saying that the reinvention of the teaching of commerce is one of the crucial ways to help in generating sustainable development in the twenty first century.
Ajinkya Dhananjay Garad (Tue,) studied this question.