This paper aims to study the possibility of valorizing hemp residues in order to develop new local bio-composites from Moroccan hemp shiv and epoxy. The goal is to use them as thermal and acoustical insulation panels since these hemp residues exist in large quantities in landfills and present a national concern due to a lack of waste management technologies. For this purpose, several samples were prepared for different densities and two sizes of hemp shiv; crushed shiv (CS) and fibred shiv (FS). The results revealed that the increase of density resulted in an increase in thermal conductivity and a decrease in thermal diffusivity. However, the thermal conductivity of composites is still lower than 0.1 W/mK for the most studied samples. The samples show values of acoustic absorption coefficients varying between 0.2 and 0.59 for crushed shiv composites (CSC) at the frequency range (578-1396 Hz) and between 0.2 and 0.73 at the frequency range (662-1396 Hz) for Fibred shiv composites (FSC). It has been observed that the density has a significant effect on the sound absorption coefficient. Increasing the density shifts the acoustic absorption curve towards the low frequencies. Also, decreasing the particle size enhances the sound absorption in the medium frequency range (300-600 Hz). The obtained results are satisfactory for manufacturing these new composites that can be used as thermal and acoustic insulators. Moreover, it offered the best solution for hemp waste management.