Although moisture-induced deterioration mechanisms in sulfide solid electrolytes to enhance atmospheric stability have been investigated, the additional impact of CO2 exposure remains unclear. This study investigated the generation of H2S from Li4SnS4 under H2O and CO2 exposure. Li4SnS4 was exposed to Ar gas at a dew point of 0 °C with and without 500 ppm of CO2, and its ion conductive properties were evaluated. Although the lithium-ion conductivity of Li4SnS4 decreased regardless of the presence of CO2, the amount of H2S generated with CO2 was five times higher. To elucidate the underlying mechanism, X-ray diffraction and Raman spectroscopy were used. Without CO2, hydrate Li4SnS4·4H2O formation markedly increased, whereas, with CO2, it increased a little. The difference revealed distinct deterioration mechanisms leading to a decrease in lithium-ion conductivity: without CO2, adsorbed H2O and Li4SnS4·4H2O contributed to the decrease, while with CO2, a weak acid dissociation reaction could reduce the thermodynamic stability of the moisture-exposed Li4SnS4 surface including Li4SnS4·4H2O and adsorbed H2O, promoting H2S release and carbonate formation. This was supported by the recovery of lithium-ion conductivity after vacuum heating. The concerted influence of H2O and CO2 provides valuable insights into the fundamental deterioration mechanisms in sulfide solid electrolytes that could be applied in battery manufacturing processes.