The invention discloses an environmental-friendly tourmaline composite home decoration material. The environmental-friendly tourmaline composite home decoration material comprises the following raw materials in parts by weight: 2-20 parts of tourmaline powder, 20-80 parts of slag, 2-10 parts of activated carbon, 5-40 parts of a binding agent, 1-40 parts of an accessory and 0.1-0.3 part of an air entraining agent. The invention further discloses a preparation method of the material. By mainly utilizing various excellent characteristics of tourmaline, the prepared home decoration material has functions of releasing negative oxygen ions and emitting a far infrared ray, the problem of potential threats to a human body caused by an existing home decoration material is greatly changed, a great number of negative oxygen ions can be released, formaldehyde, peculiar smells and the like can be absorbed, dust and other small molecule compounds in air can be adsorbed, and the effects of purifying indoor environment and killing and inhibiting bacteria are achieved; moreover, a main body part is prepared by using the flag and Portland cement, and the material is low in price, easy to obtain, high in mechanical strength, light in weight, reusable, wide in application prospect and suitable for popularization and application.