The phrase "respected for its" is correct and can be used in written English.
You can use this phrase when you wish to show admiration for something, as in the following example sentence: "This company's commitment to sustainability is widely respected for its ethical principles."
Some said that it was still respected for its professionalism, and that it had made the process much more open and understandable in the past 10 years.
While the comptroller's office is widely respected for its economic forecasts, it is clearly in the city's interest to make the total as big as possible so that officials can ask for increased federal aid.
Nokia, of course, is long respected for its hardware output, but it's the UI side where the company lags behind the likes of iPhone and indeed Palm's WebOS.
It was respected for its discipline during strikes.
It is also widely respected for its breeding programmes and conservation work in the native countries of species it exhibits.
"Similarly his style of leadership has been instinctively non-controlling and inspirational, not always understood for what it is, but much respected for its spiritual depth.
Both said that 'O Sole Mio,' because it is so popular, is not respected for its degree of difficulty.
It will also double the size of Swiss Re's life insurance business in the United States and, analysts said, give it a company that is widely respected for its underwriting skills and stellar financial performance.
Respected for its consistency, the Cincinnati-based chain's management makes sure it sees returns on its investments, like the acquisition of Fred Meyer, a multi-department store that sells general merchandise.
"I find it surprising that an administration known and duly respected for its discipline would allow its Joint Chiefs of Staff to disagree with the president's position at such a critical time," Mr. Roemer said.
It's both despised by agriculturists and grudgingly respected for its success in colonizing much of the planet.
