The present invention discloses a walnut meal emulsion with effects of freckle fading, whitening, moisturizing and skin tendering, and a production method thereof, wherein the raw materials comprise, by weight, 3-6 parts of a walnut meal extract, 0.2-0.5 part of sodium hyaluronate, 6-10 parts of glycerol, 4-8 parts of sodium pyrrolidone carboxylate, 6-12 parts of 1,2-propanediol, 0.5-0.8 part of vitamin E, 0.4-0.7 part of silk peptide powder, 3-5 parts of glyceryl monostearate, 0.8-1.2 parts of lecithin, 0.1-0.4 part of methylparaben, 0.1-0.4 part of diazolidinyl urea, 0.02-0.06 part of essence, and 56.94-72.88 parts of deionized water. According to the present invention, the walnut meal extract is added, such that the tyrosinase activity can be inhibited so as to effectively reduce the melanin generation; the walnut meal extract can effectively eliminate free radicals; and the walnut meal emulsion has effects of rapid chloasma fading, good moisturizing, good anti-oxidation effect, no irritation on skin, and no toxic-side effect.