diff --git a/packages/scripts/CHANGELOG.md b/packages/scripts/CHANGELOG.md
index adaf85dc90af5a..3ff2f06c87ae31 100644
--- a/packages/scripts/CHANGELOG.md
+++ b/packages/scripts/CHANGELOG.md
@@ -2,6 +2,10 @@
 
 ## Unreleased
 
+### Bug Fixes
+
+-   Bring back support for SVG files in CSS ([#34394](https://github.com/WordPress/gutenberg/pull/34394)). It wasn't correctly migrated when integrating webpack v5.
+
 ## 18.0.0 (2021-08-23)
 
 ### Breaking Changes
diff --git a/packages/scripts/config/webpack.config.js b/packages/scripts/config/webpack.config.js
index 86ed99807d8815..5bbc0a43e18b90 100644
--- a/packages/scripts/config/webpack.config.js
+++ b/packages/scripts/config/webpack.config.js
@@ -184,9 +184,15 @@ const config = {
 			},
 			{
 				test: /\.svg$/,
+				issuer: /\.jsx?$/,
 				use: [ '@svgr/webpack', 'url-loader' ],
 				type: 'javascript/auto',
 			},
+			{
+				test: /\.svg$/,
+				issuer: /\.(sc|sa|c)ss$/,
+				type: 'asset/inline',
+			},
 			{
 				test: /\.(bmp|png|jpe?g|gif)$/i,
 				type: 'asset/resource',