Ambient comfort maintenance accompanied by excessive energy consumption is hugely criticized concerning the limited sustainability of the building sector in the long-term. In this sense, the energy reduction strategies based on the employment of passive air-control techniques are viewed as a prospective solution for improved energy performance. In order to contribute to this significant issue, this paper is aimed at the design and material characterization of novel plaster with an improved thermal and humidity control performance. For this purpose, a form-stable diatomite/dodecanol-based phase change material together with superabsorbent polymer are used as admixtures for the passive moderation of indoor air quality by newly designed modified plasters. The experimental assessment of the functional properties by means of mechanical strength, thermal conductivity, and hygric properties is performed. Considering the goal of the paper, particular attention is paid to the characterization of water vapor storage and moisture buffering according to the Nordtest method. Differential scanning calorimetry is employed for the description of phase change intervals as well as the specific enthalpy of phase change. The obtained results point to significant improvements in the hygroscopic performance and increased thermal energy storage that can be used for passive moderation of the indoor temperature and reduction of the relative humidity swings.