This study strives to address the technical bottleneck posed by leaching risks associated with Cr, Sb, and soluble Cl in low-carbon slag-fly ash-based cementitious materials (BFCM) according to our previous research. The introduction of CO2 activation significantly enhances the dissociation of BFS, leading to superior mechanical performance and environmental safety of BFCM. LT3 matrix of BFCM (BFS: MSWI fly ash: FGDG: cement= 42: 20: 10: 28) showed excellent compressive strength (46.79Mpa at 7d). The LT3 matrix enables effective solidification/stabilization (S/S) of Cr, Sb, and Cl with CO2-curing (7d). Furthermore, the leaching concentrations of Sb and Cl within LT system, exhibit a positive correlation, while they demonstrate a negative correlation with Cr. Sb primarily relies on the levels of Ca2+ and OH- in the leaching solution, critical for the formation and stability of Ca-Sb precipitation based Visual MINTEQ fitting. CO2-curing enhances the S/S efficiency of Cl by accelerating the ion exchange of Cl- with OH- in C-A-H and SO42- in the AFm phase, leading to the formation of functional Friedel’s salt. This process is characterized by OH- dissolution and subsequent CaSO4 crystallization. The LT system activated by CO2 exhibited accelerated reaction kinetics relative to traditional hydration (LH), characterized by rapid BFS dissociation and the formation of functional hydration products such as ettringite, C-(A)-S-H, and Friedel's salt. This process also reduced macropores and capillary pores of BFCM, a positive correlation exists between the relative macropore content and Cl leaching levels, whereas the decrease in both macropores and capillary pores is associated with ettringite crystallization.