The invention relates to an environment-friendly building exterior wall decorative plate and its installation method, comprising a fixing frame, a positioning device and a plate body, the fixing frame is installed on the keel frame through screws, the fixing frame has an L-shaped structure, and the upper end of the fixing frame A reinforcing plate is installed between the keel frame, and the number of fixing frames is two. A positioning device is installed on the fixing frames, and a plate body is installed between the right ends of the positioning frames. The present invention can solve the problem of poor installation effect, inconvenient installation and disassembly of the existing exterior wall decoration boards, large gaps between the installed boards, and rainwater easily seeping into the boards, affecting the subsequent use of the boards In addition, when the existing decorative panels for exterior walls are used, the use effect of the panels is poor, the protective performance is low, the decorative layer of the panels is prone to breakage, and the broken panels are prone to fall off, which affects the safety of use and other problems.