Any long-term commitments can be potentially worked around via bankrupcy. As long as we allow companies to take the full responsibility for consequences of their actions, and completely absolve their owners, the system will not work that great.

No profit in eliminating foreign externalities. Your faith in capitalist law and liberal democracy reforming these problems is curious

It's unenforceable regardless.

You think some poor African nation cares about worker safety and environmental issues when half of their population can barely get enough to eat?

Hell, they barely have control over their own country let alone enforcing environmental or worker regulations.

I'm sure you could just contrive an accidental sinking, or even better have the ship taken by "pirates" who happen to leave some cash in the lifeboats with the dispossessed.

need to collect that cash as evidence