| 2001 | Best Editing (nominee) | Academy of Motion Picture Arts and Scie | John Gilbert |
| 2001 | Best Director (nominee) | Academy of Motion Picture Arts and Scie | Peter Jackson |
| 2001 | Best Costume Design (nominee) | Academy of Motion Picture Arts and Scie | Richard Taylor |
| 2001 | Best Costume Design (nominee) | Academy of Motion Picture Arts and Scie | Ngila Dickson |
| 2001 | Best Cinematography (winner) | Academy of Motion Picture Arts and Scie | Andrew Lesnie |
| 2001 | Best Art Direction (nominee) | Academy of Motion Picture Arts and Scie | Dan Hennah |
| 2001 | Best Art Direction (nominee) | Academy of Motion Picture Arts and Scie | Grant Major |
| 2001 | Best Adapted Screenplay (nominee) | Academy of Motion Picture Arts and Scie | Peter Jackson |
| 2001 | Best Adapted Screenplay (nominee) | Academy of Motion Picture Arts and Scie | Philippa Boyens |
| 2001 | Best Adapted Screenplay (nominee) | Academy of Motion Picture Arts and Scie | Fran Walsh |
| 2001 | Best Composer (winner) | Broadcast Film Critics Association | Howard Shore |
| 2001 | Best Song (winner) | Broadcast Film Critics Association | Enya |
| 2001 | Best Music Score (winner) | Los Angeles Film Critics Association | Howard Shore |
| 2001 | Best Production Design (Runner-up) (winner) | Los Angeles Film Critics Association | Grant Major |
| 2001 | Best Adapted Screenplay (nominee) | Writers Guild of America | Fran Walsh |
| 2001 | Best Adapted Screenplay (nominee) | Writers Guild of America | Philippa Boyens |
| 2001 | Best Adapted Screenplay (nominee) | Writers Guild of America | Peter Jackson |
| 2001 | Best Director (nominee) | Directors Guild of America | Peter Jackson |
| 2001 | Best Performance by an Actor in a Supporting Role in a Motion Pic (winner) | Screen Actors Guild | Ian McKellen |
| 2001 | Best Editing (nominee) | British Academy of Film and Television | John Gilbert |
| 2001 | Best Costume Design (nominee) | British Academy of Film and Television | Ngila Dickson |
| 2001 | Best Production Design (nominee) | British Academy of Film and Television | Grant Major |
| 2001 | Best Cinematography (nominee) | British Academy of Film and Television | Andrew Lesnie |
| 2001 | Best Film Music (nominee) | British Academy of Film and Television | Howard Shore |
| 2001 | Best Actor (nominee) | British Academy of Film and Television | Ian McKellen |
| 2001 | Best Adapted Screenplay (nominee) | British Academy of Film and Television | Peter Jackson |
| 2001 | Best Adapted Screenplay (nominee) | British Academy of Film and Television | Philippa Boyens |
| 2001 | Best Adapted Screenplay (nominee) | British Academy of Film and Television | Fran Walsh |
| 2001 | Best Director (winner) | British Academy of Film and Television | Peter Jackson |
| 2001 | Best Picture (winner) | British Academy of Film and Television | Tim Sanders |
| 2001 | Best Picture (winner) | British Academy of Film and Television | Barrie M. Osborne |
| 2001 | Best Picture (winner) | British Academy of Film and Television | Peter Jackson |
| 2001 | Best Original Song (nominee) | Golden Globe | Enya |
| 2001 | Best Original Score (nominee) | Golden Globe | Howard Shore |
| 2001 | Best Director (nominee) | Golden Globe | Peter Jackson |
| 2001 | Best Director (nominee) | Broadcast Film Critics Association | Peter Jackson |
| 2001 | Best Composer (nominee) | American Film Institute | Howard Shore |
| 2001 | Best Digital Effects (winner) | American Film Institute | Jim Rygiel |
| 2001 | Best Production Design (winner) | American Film Institute | Grant Major |
| 2001 | Best Picture (winner) | American Film Institute | Tim Sanders |
| 2001 | Best Picture (winner) | American Film Institute | Fran Walsh |
| 2001 | Best Picture (winner) | American Film Institute | Peter Jackson |
| 2001 | Best Picture (winner) | American Film Institute | Barrie M. Osborne |
| 2001 | Best Makeup (winner) | Academy of Motion Picture Arts and Scie | Peter Owen |
| 2001 | Best Makeup (winner) | Academy of Motion Picture Arts and Scie | Richard Taylor |
| 2001 | Best Score (winner) | Academy of Motion Picture Arts and Scie | Howard Shore |
| 2001 | Best Song (nominee) | Academy of Motion Picture Arts and Scie | Enya |
| 2001 | Best Song (nominee) | Academy of Motion Picture Arts and Scie | Nicky Ryan |
| 2001 | Best Song (nominee) | Academy of Motion Picture Arts and Scie | Roma Ryan |
| 2001 | Best Picture (nominee) | Academy of Motion Picture Arts and Scie | Peter Jackson |
| 2001 | Best Picture (nominee) | Academy of Motion Picture Arts and Scie | Fran Walsh |
| 2001 | Best Sound (nominee) | Academy of Motion Picture Arts and Scie | Christopher Boyes |
| 2001 | Best Sound (nominee) | Academy of Motion Picture Arts and Scie | Michael Semanick |
| 2001 | Best Sound (nominee) | Academy of Motion Picture Arts and Scie | Gethin Creagh |
| 2001 | Best Sound (nominee) | Academy of Motion Picture Arts and Scie | Hammond Peek |
| 2001 | Best Performance by an Actor in a Supporting Role in a Motion Pic (nominee) | Academy of Motion Picture Arts and Scie | Ian McKellen |
| 2001 | Best Visual Effects (winner) | Academy of Motion Picture Arts and Scie | Jim Rygiel |
| 2001 | Best Visual Effects (winner) | Academy of Motion Picture Arts and Scie | Randall William Cook |
| 2001 | Best Visual Effects (winner) | Academy of Motion Picture Arts and Scie | Richard Taylor |
| 2001 | Best Visual Effects (winner) | Academy of Motion Picture Arts and Scie | Mark Stetson |
| 2001 | Best Supporting Actress (winner) | National Board of Review | Cate Blanchett |
| 2001 | Special Achievement in Filmmaking (winner) | National Board of Review | Peter Jackson |
| 2001 | Best Production Design (winner) | National Board of Review | Grant Major |
| 2001 | Best Supporting Actor [Runner-up] (winner) | Toronto Film Critics Association | Ian McKellen |
| 2001 | Best Director [Runner-up] (winner) | Toronto Film Critics Association | Peter Jackson |
| 2001 | Best Original Score (winner) | Chicago Film Critics Association | Howard Shore |
| 2001 | Best Cinematography (winner) | Chicago Film Critics Association | Andrew Lesnie |
| 2001 | Best Cinematography (nominee) | American Society of Cinematographers | Andrew Lesnie |