Which we just have his word for when he's attempting to cause Sayaka to despair. He gets why humans consider it unethical, he just doesn't care. If he could dodge contracts and get the same or better payment, I think he would.He does understand ethics, he just doesn't get humans. Why does the location of your Soul matter? It's a triviality, to his mind, just like suffering: He's literally never experienced it, so he can't possibly understand why converting positive energy to negative energy (Hope to Despair) is something to worry about. It's efficient, and humans are silly beings who get upset over something like Grief and Suffering. What do those matter, anyway?
On the other hand, he has no trouble understanding that it's important to faithfully complete contracts: It's what he built the entire Meguca System on.
I'll let twelve sum it up: