Carrington passed on her thanks to New Zealanders for their ongoing support.
"It is a great privilege and honour to receive the Lonsdale award, it's not the recognition I strive for but when it does happen it's extremely humbling," she said.
"We have had amazing success this year in sport so I am proud to be a part of an amazing group of athletes."
Carrington has been coached by Gordon Walker since late 2010 and credits his confident direction, strong teamwork and sense of trust as crucial success factors in their partnership.
"Gordy works incredibly hard to help me pursue my aspirations and I thank him greatly for that," she said.
New Zealand Olympic Committee CEO Kereyn Smith congratulated Carrington on her award.
"The 2016 Olympic Games were a great success for our New Zealand Team and without a doubt the thrill of Lisa's two medals on Rodrigo de Freitas Lagoon were a highlight for supporters both in Rio and at home," she said.
"Lisa has forged her place in the history books by becoming the first female to win multiple medals at a single Olympic Games and she continues to inspire young New Zealand men and women through her efforts."
After a brief break out of the boat in the second half of 2016, Carrington has since returned to training and is looking towards the 2017 international season which culminates in the Canoe Sprint World Championships in Wales next August.
As far as the next four years are concerned, Carrington has decided to continue paddling and, in her words, "it's because I love what I do".