diff --git a/babel.config.js b/babel.config.js
index 953109f2..b7c1efbf 100644
--- a/babel.config.js
+++ b/babel.config.js
@@ -1,4 +1,6 @@
 const path = require('path');
+const { extendDefaultPlugins } = require('svgo');
+
 const appVersion = require('./packages/netlify-cms-app/package.json').version;
 const coreVersion = require('./packages/netlify-cms-core/package.json').version;
 const isProduction = process.env.NODE_ENV === 'production';
@@ -74,6 +76,15 @@ const defaultPlugins = [
   ],
 ];
 
+const svgo = {
+  plugins: extendDefaultPlugins([
+    {
+      name: 'removeViewBox',
+      active: false,
+    },
+  ]),
+};
+
 function presets() {
   return [
     '@babel/preset-react',
@@ -102,9 +113,7 @@ function plugins() {
       [
         'inline-react-svg',
         {
-          svgo: {
-            plugins: [{ removeViewBox: false }],
-          },
+          svgo,
         },
       ],
     ];
@@ -116,9 +125,7 @@ function plugins() {
       [
         'inline-react-svg',
         {
-          svgo: {
-            plugins: [{ removeViewBox: false }],
-          },
+          svgo,
         },
       ],
     ];
diff --git a/package.json b/package.json
index d2a85f5f..deffea47 100644
--- a/package.json
+++ b/package.json
@@ -110,7 +110,7 @@
     "babel-loader": "^8.0.5",
     "babel-plugin-emotion": "^10.0.9",
     "babel-plugin-inline-json-import": "^0.3.2",
-    "babel-plugin-inline-react-svg": "^1.1.0",
+    "babel-plugin-inline-react-svg": "^2.0.0",
     "babel-plugin-lodash": "^3.3.4",
     "babel-plugin-module-resolver": "^4.0.0",
     "babel-plugin-transform-builtin-extend": "^1.1.2",
diff --git a/yarn.lock b/yarn.lock
index 15b7cc71..5c84c992 100644
--- a/yarn.lock
+++ b/yarn.lock
@@ -3188,6 +3188,11 @@
     "@babel/runtime" "^7.12.5"
     "@testing-library/dom" "^7.28.1"
 
+"@trysound/sax@0.1.1":
+  version "0.1.1"
+  resolved "https://registry.yarnpkg.com/@trysound/sax/-/sax-0.1.1.tgz#3348564048e7a2d7398c935d466c0414ebb6a669"
+  integrity sha512-Z6DoceYb/1xSg5+e+ZlPZ9v0N16ZvZ+wYMraFue4HYrE4ttONKtsvruIRf6t9TBR0YvSOfi1hUU0fJfBLCDYow==
+
 "@types/anymatch@*":
   version "1.3.1"
   resolved "https://registry.yarnpkg.com/@types/anymatch/-/anymatch-1.3.1.tgz#336badc1beecb9dacc38bea2cf32adf627a8421a"
@@ -4688,16 +4693,16 @@ babel-plugin-inline-json-import@^0.3.2:
   dependencies:
     decache "^4.5.1"
 
-babel-plugin-inline-react-svg@^1.1.0:
-  version "1.1.2"
-  resolved "https://registry.yarnpkg.com/babel-plugin-inline-react-svg/-/babel-plugin-inline-react-svg-1.1.2.tgz#f2090de7404982deaeb5d7ac9c16078a61ca6486"
-  integrity sha512-oDR/eraFbMtvg4bDxv4W8bQWTDxLVkKpIYKx0cey/J2QqFyogyQOvEz9SjSYmNK3jI+yZdVMAshTwkKnj6J/Aw==
+babel-plugin-inline-react-svg@^2.0.0:
+  version "2.0.1"
+  resolved "https://registry.yarnpkg.com/babel-plugin-inline-react-svg/-/babel-plugin-inline-react-svg-2.0.1.tgz#68c9c119d643a8f2d7bf939b942534d89ae3ade9"
+  integrity sha512-aD4gy2G3gNVDaw97LtoixzWbaOcSEnOb4KJPe8kZedSeqxY3v71KsBs8DGmButGZtEloCRhRRuU2TpW1hIPXig==
   dependencies:
     "@babel/helper-plugin-utils" "^7.0.0"
     "@babel/parser" "^7.0.0"
     lodash.isplainobject "^4.0.6"
-    resolve "^1.10.0"
-    svgo "^0.7.2"
+    resolve "^1.20.0"
+    svgo "^2.0.3"
 
 babel-plugin-istanbul@^6.0.0:
   version "6.0.0"
@@ -5812,13 +5817,6 @@ cjs-module-lexer@^0.6.0:
   resolved "https://registry.yarnpkg.com/cjs-module-lexer/-/cjs-module-lexer-0.6.0.tgz#4186fcca0eae175970aee870b9fe2d6cf8d5655f"
   integrity sha512-uc2Vix1frTfnuzxxu1Hp4ktSvM3QaI4oXl4ZUqL1wjTu/BGki9TrCWoqLTg/drR1KwAEarXuRFCG2Svr1GxPFw==
 
-clap@^1.0.9:
-  version "1.2.3"
-  resolved "https://registry.yarnpkg.com/clap/-/clap-1.2.3.tgz#4f36745b32008492557f46412d66d50cb99bce51"
-  integrity sha512-4CoL/A3hf90V3VIEjeuhSvlGFEHKzOz+Wfc2IVZc+FaUgU0ZQafJTP49fvnULipOPcAfqhyI2duwQyns6xqjYA==
-  dependencies:
-    chalk "^1.1.3"
-
 class-utils@^0.3.5:
   version "0.3.6"
   resolved "https://registry.yarnpkg.com/class-utils/-/class-utils-0.3.6.tgz#f93369ae8b9a7ce02fd41faad0ca83033190c463"
@@ -6004,13 +6002,6 @@ coa@^2.0.2:
     chalk "^2.4.1"
     q "^1.1.2"
 
-coa@~1.0.1:
-  version "1.0.4"
-  resolved "https://registry.yarnpkg.com/coa/-/coa-1.0.4.tgz#a9ef153660d6a86a8bdec0289a5c684d217432fd"
-  integrity sha1-qe8VNmDWqGqL3sAomlxoTSF0Mv0=
-  dependencies:
-    q "^1.1.2"
-
 code-point-at@^1.0.0:
   version "1.1.0"
   resolved "https://registry.yarnpkg.com/code-point-at/-/code-point-at-1.1.0.tgz#0d070b4d043a5bea33a2f1a40e2edb3d9a4ccf77"
@@ -6089,11 +6080,6 @@ colors@^1.1.2, colors@^1.2.1, colors@^1.4.0:
   resolved "https://registry.yarnpkg.com/colors/-/colors-1.4.0.tgz#c50491479d4c1bdaed2c9ced32cf7c7dc2360f78"
   integrity sha512-a+UqTh4kgZg/SlGvfbzDHpgRu7AAQOmmqRHJnxhRZICKFUT91brVhNNt58CMWU9PsBbv3PDCZUHbVxuDiH2mtA==
 
-colors@~1.1.2:
-  version "1.1.2"
-  resolved "https://registry.yarnpkg.com/colors/-/colors-1.1.2.tgz#168a4701756b6a7f51a12ce0c97bfa28c084ed63"
-  integrity sha1-FopHAXVran9RoSzgyXv6KMCE7WM=
-
 colorspace@1.1.x:
   version "1.1.2"
   resolved "https://registry.yarnpkg.com/colorspace/-/colorspace-1.1.2.tgz#e0128950d082b86a2168580796a0aa5d6c68d8c5"
@@ -6137,7 +6123,7 @@ commander@^5.1.0:
   resolved "https://registry.yarnpkg.com/commander/-/commander-5.1.0.tgz#46abbd1652f8e059bddaef99bbdcb2ad9cf179ae"
   integrity sha512-P0CysNDQ7rtVw4QIQtm+MRxV66vKFSvlsQvGYXZWR3qFU0jlMKHZZZgw8e+8DSah4UDKMqnknRDQz+xuQXQ/Zg==
 
-commander@^7.0.0:
+commander@^7.0.0, commander@^7.1.0:
   version "7.1.0"
   resolved "https://registry.yarnpkg.com/commander/-/commander-7.1.0.tgz#f2eaecf131f10e36e07d894698226e36ae0eb5ff"
   integrity sha512-pRxBna3MJe6HKnBGsDyMv8ETbptw3axEdYHoqNh7gu5oDcew8fs0xnivZGm06Ogk8zGAJ9VX+OPEr2GXEQK4dg==
@@ -6707,6 +6693,17 @@ css-select@^2.0.0, css-select@^2.0.2:
     domutils "^1.7.0"
     nth-check "^1.0.2"
 
+css-select@^3.1.2:
+  version "3.1.2"
+  resolved "https://registry.yarnpkg.com/css-select/-/css-select-3.1.2.tgz#d52cbdc6fee379fba97fb0d3925abbd18af2d9d8"
+  integrity sha512-qmss1EihSuBNWNNhHjxzxSfJoFBM/lERB/Q4EnsJQQC62R2evJDW481091oAdOr9uh46/0n4nrg0It5cAnj1RA==
+  dependencies:
+    boolbase "^1.0.0"
+    css-what "^4.0.0"
+    domhandler "^4.0.0"
+    domutils "^2.4.3"
+    nth-check "^2.0.0"
+
 css-tree@1.0.0-alpha.37:
   version "1.0.0-alpha.37"
   resolved "https://registry.yarnpkg.com/css-tree/-/css-tree-1.0.0-alpha.37.tgz#98bebd62c4c1d9f960ec340cf9f7522e30709a22"
@@ -6728,6 +6725,11 @@ css-what@^3.2.1:
   resolved "https://registry.yarnpkg.com/css-what/-/css-what-3.4.2.tgz#ea7026fcb01777edbde52124e21f327e7ae950e4"
   integrity sha512-ACUm3L0/jiZTqfzRM3Hi9Q8eZqd6IK37mMWPLz9PJxkLWllYeRf+EHUSHYEtFop2Eqytaq1FizFVh7XfBnXCDQ==
 
+css-what@^4.0.0:
+  version "4.0.0"
+  resolved "https://registry.yarnpkg.com/css-what/-/css-what-4.0.0.tgz#35e73761cab2eeb3d3661126b23d7aa0e8432233"
+  integrity sha512-teijzG7kwYfNVsUh2H/YN62xW3KK9YhXEgSlbxMlcyjPNvdKJqFx5lrwlJgoFP1ZHlB89iGDlo/JyshKeRhv5A==
+
 css.escape@^1.5.0, css.escape@^1.5.1:
   version "1.5.1"
   resolved "https://registry.yarnpkg.com/css.escape/-/css.escape-1.5.1.tgz#42e27d4fa04ae32f931a4b4d4191fa9cddee97cb"
@@ -6757,21 +6759,13 @@ cssesc@^3.0.0:
   resolved "https://registry.yarnpkg.com/cssesc/-/cssesc-3.0.0.tgz#37741919903b868565e1c09ea747445cd18983ee"
   integrity sha512-/Tb/JcjK111nNScGob5MNtsntNM1aCNUDipB/TkwZFhyDrrE47SOx/18wF2bbjgc3ZzCSKW1T5nt5EbFoAz/Vg==
 
-csso@^4.0.2:
+csso@^4.0.2, csso@^4.2.0:
   version "4.2.0"
   resolved "https://registry.yarnpkg.com/csso/-/csso-4.2.0.tgz#ea3a561346e8dc9f546d6febedd50187cf389529"
   integrity sha512-wvlcdIbf6pwKEk7vHj8/Bkc0B4ylXZruLvOgs9doS5eOsOpuodOV2zJChSpkp+pRpYQLQMeF04nr3Z68Sta9jA==
   dependencies:
     css-tree "^1.1.2"
 
-csso@~2.3.1:
-  version "2.3.2"
-  resolved "https://registry.yarnpkg.com/csso/-/csso-2.3.2.tgz#ddd52c587033f49e94b71fc55569f252e8ff5f85"
-  integrity sha1-3dUsWHAz9J6Utx/FVWnyUuj/X4U=
-  dependencies:
-    clap "^1.0.9"
-    source-map "^0.5.3"
-
 cssom@^0.4.4:
   version "0.4.4"
   resolved "https://registry.yarnpkg.com/cssom/-/cssom-0.4.4.tgz#5a66cf93d2d0b661d80bf6a44fb65f5c2e4e0a10"
@@ -7365,6 +7359,15 @@ dom-serializer@0:
     domelementtype "^2.0.1"
     entities "^2.0.0"
 
+dom-serializer@^1.0.1:
+  version "1.2.0"
+  resolved "https://registry.yarnpkg.com/dom-serializer/-/dom-serializer-1.2.0.tgz#3433d9136aeb3c627981daa385fc7f32d27c48f1"
+  integrity sha512-n6kZFH/KlCrqs/1GHMOd5i2fd/beQHuehKdWvNNffbGHTr/almdhuVvTVFb3V7fglz+nC50fFusu3lY33h12pA==
+  dependencies:
+    domelementtype "^2.0.1"
+    domhandler "^4.0.0"
+    entities "^2.0.0"
+
 dom-walk@^0.1.0:
   version "0.1.2"
   resolved "https://registry.yarnpkg.com/dom-walk/-/dom-walk-0.1.2.tgz#0c548bef048f4d1f2a97249002236060daa3fd84"
@@ -7380,7 +7383,7 @@ domelementtype@1, domelementtype@^1.3.1:
   resolved "https://registry.yarnpkg.com/domelementtype/-/domelementtype-1.3.1.tgz#d048c44b37b0d10a7f2a3d5fee3f4333d790481f"
   integrity sha512-BSKB+TSpMpFI/HOxCNr1O8aMOTZ8hT3pM3GQ0w/mWRmkhEDSFJkkyzz4XQsBV44BChwGkrDfMyjVD0eA2aFV3w==
 
-domelementtype@^2.0.1:
+domelementtype@^2.0.1, domelementtype@^2.1.0:
   version "2.1.0"
   resolved "https://registry.yarnpkg.com/domelementtype/-/domelementtype-2.1.0.tgz#a851c080a6d1c3d94344aed151d99f669edf585e"
   integrity sha512-LsTgx/L5VpD+Q8lmsXSHW2WpA+eBlZ9HPf3erD1IoPF00/3JKHZ3BknUVA2QGDNu69ZNmyFmCWBSO45XjYKC5w==
@@ -7399,6 +7402,13 @@ domhandler@^2.3.0:
   dependencies:
     domelementtype "1"
 
+domhandler@^4.0.0:
+  version "4.0.0"
+  resolved "https://registry.yarnpkg.com/domhandler/-/domhandler-4.0.0.tgz#01ea7821de996d85f69029e81fa873c21833098e"
+  integrity sha512-KPTbnGQ1JeEMQyO1iYXoagsI6so/C96HZiFyByU3T6iAzpXn8EGEvct6unm1ZGoed8ByO2oirxgwxBmqKF9haA==
+  dependencies:
+    domelementtype "^2.1.0"
+
 dompurify@^2.2.6:
   version "2.2.6"
   resolved "https://registry.yarnpkg.com/dompurify/-/dompurify-2.2.6.tgz#54945dc5c0b45ce5ae228705777e8e59d7b2edc4"
@@ -7412,6 +7422,15 @@ domutils@^1.5.1, domutils@^1.7.0:
     dom-serializer "0"
     domelementtype "1"
 
+domutils@^2.4.3:
+  version "2.4.4"
+  resolved "https://registry.yarnpkg.com/domutils/-/domutils-2.4.4.tgz#282739c4b150d022d34699797369aad8d19bbbd3"
+  integrity sha512-jBC0vOsECI4OMdD0GC9mGn7NXPLb+Qt6KW1YDQzeQYRUFKmNG8lh7mO5HiELfr+lLQE7loDVI4QcAxV80HS+RA==
+  dependencies:
+    dom-serializer "^1.0.1"
+    domelementtype "^2.0.1"
+    domhandler "^4.0.0"
+
 dot-case@^3.0.4:
   version "3.0.4"
   resolved "https://registry.yarnpkg.com/dot-case/-/dot-case-3.0.4.tgz#9b2b670d00a431667a8a75ba29cd1b98809ce751"
@@ -8013,11 +8032,6 @@ espree@^7.3.0, espree@^7.3.1:
     acorn-jsx "^5.3.1"
     eslint-visitor-keys "^1.3.0"
 
-esprima@^2.6.0:
-  version "2.7.3"
-  resolved "https://registry.yarnpkg.com/esprima/-/esprima-2.7.3.tgz#96e3b70d5779f6ad49cd032673d1c312767ba581"
-  integrity sha1-luO3DVd59q1JzQMmc9HDEnZ7pYE=
-
 esprima@^4.0.0, esprima@^4.0.1:
   version "4.0.1"
   resolved "https://registry.yarnpkg.com/esprima/-/esprima-4.0.1.tgz#13b04cdb3e6c5d19df91ab6987a8695619b0aa71"
@@ -11293,14 +11307,6 @@ js-yaml@^4.0.0:
   dependencies:
     argparse "^2.0.1"
 
-js-yaml@~3.7.0:
-  version "3.7.0"
-  resolved "https://registry.yarnpkg.com/js-yaml/-/js-yaml-3.7.0.tgz#5c967ddd837a9bfdca5f2de84253abe8a1c03b80"
-  integrity sha1-XJZ93YN6m/3KXy3oQlOr6KHAO4A=
-  dependencies:
-    argparse "^1.0.7"
-    esprima "^2.6.0"
-
 jsbn@~0.1.0:
   version "0.1.1"
   resolved "https://registry.yarnpkg.com/jsbn/-/jsbn-0.1.1.tgz#a5e654c2e5a2deb5f201d96cefbca80c0ef2f513"
@@ -13116,6 +13122,13 @@ nth-check@^1.0.2:
   dependencies:
     boolbase "~1.0.0"
 
+nth-check@^2.0.0:
+  version "2.0.0"
+  resolved "https://registry.yarnpkg.com/nth-check/-/nth-check-2.0.0.tgz#1bb4f6dac70072fc313e8c9cd1417b5074c0a125"
+  integrity sha512-i4sc/Kj8htBrAiH1viZ0TgU8Y5XqCaV/FziYK6TBczxmeKm3AEFWqqF3195yKudrarqy7Zu80Ra5dobFjn9X/Q==
+  dependencies:
+    boolbase "^1.0.0"
+
 num2fraction@^1.2.2:
   version "1.2.2"
   resolved "https://registry.yarnpkg.com/num2fraction/-/num2fraction-1.2.2.tgz#6f682b6a027a4e9ddfa4564cd2589d1d4e669ede"
@@ -15684,7 +15697,7 @@ resolve-url@^0.2.1:
   resolved "https://registry.yarnpkg.com/resolve-url/-/resolve-url-0.2.1.tgz#2c637fe77c893afd2a663fe21aa9080068e2052a"
   integrity sha1-LGN/53yJOv0qZj/iGqkIAGjiBSo=
 
-resolve@^1.1.6, resolve@^1.10.0, resolve@^1.11.0, resolve@^1.12.0, resolve@^1.13.1, resolve@^1.14.2, resolve@^1.17.0, resolve@^1.18.1, resolve@^1.9.0:
+resolve@^1.1.6, resolve@^1.10.0, resolve@^1.11.0, resolve@^1.12.0, resolve@^1.13.1, resolve@^1.14.2, resolve@^1.17.0, resolve@^1.18.1, resolve@^1.20.0, resolve@^1.9.0:
   version "1.20.0"
   resolved "https://registry.yarnpkg.com/resolve/-/resolve-1.20.0.tgz#629a013fb3f70755d6f0b7935cc1c2c5378b1975"
   integrity sha512-wENBPt4ySzg4ybFQW2TT1zMQucPK95HSh/nq2CFTZVOGut2+pQvSsgtda4d26YrYcr067wjbmzOG8byDPBX63A==
@@ -15850,7 +15863,7 @@ sanitize-filename@^1.6.1:
   dependencies:
     truncate-utf8-bytes "^1.0.0"
 
-sax@>=0.6.0, sax@~1.2.1, sax@~1.2.4:
+sax@>=0.6.0, sax@~1.2.4:
   version "1.2.4"
   resolved "https://registry.yarnpkg.com/sax/-/sax-1.2.4.tgz#2816234e2378bddc4e5354fab5caa895df7100d9"
   integrity sha512-NqVDv9TpANUjFm0N8uM5GxL36UgKi9/atZw+x7YFnQ8ckwFGKrl4xX4yWtrey3UJm5nP1kUbnYgLopqWNSRhWw==
@@ -16470,7 +16483,7 @@ source-map-url@^0.4.0:
   resolved "https://registry.yarnpkg.com/source-map-url/-/source-map-url-0.4.1.tgz#0af66605a745a5a2f91cf1bbf8a7afbc283dec56"
   integrity sha512-cPiFOTLUKvJFIg4SKVScy4ilPPW6rFgMgfuZJPNoDuMs3nC1HbMUycBoJw77xFIp6z1UJQJOfx6C9GMH80DiTw==
 
-source-map@^0.5.0, source-map@^0.5.3, source-map@^0.5.6, source-map@^0.5.7:
+source-map@^0.5.0, source-map@^0.5.6, source-map@^0.5.7:
   version "0.5.7"
   resolved "https://registry.yarnpkg.com/source-map/-/source-map-0.5.7.tgz#8a039d2d1021d22d1ea14c80d8ea468ba2ef3fcc"
   integrity sha1-igOdLRAh0i0eoUyA2OpGi6LvP8w=
@@ -17132,19 +17145,6 @@ svg-tags@^1.0.0:
   resolved "https://registry.yarnpkg.com/svg-tags/-/svg-tags-1.0.0.tgz#58f71cee3bd519b59d4b2a843b6c7de64ac04764"
   integrity sha1-WPcc7jvVGbWdSyqEO2x95krAR2Q=
 
-svgo@^0.7.2:
-  version "0.7.2"
-  resolved "https://registry.yarnpkg.com/svgo/-/svgo-0.7.2.tgz#9f5772413952135c6fefbf40afe6a4faa88b4bb5"
-  integrity sha1-n1dyQTlSE1xv779Ar+ak+qiLS7U=
-  dependencies:
-    coa "~1.0.1"
-    colors "~1.1.2"
-    csso "~2.3.1"
-    js-yaml "~3.7.0"
-    mkdirp "~0.5.1"
-    sax "~1.2.1"
-    whet.extend "~0.9.9"
-
 svgo@^1.2.2:
   version "1.3.2"
   resolved "https://registry.yarnpkg.com/svgo/-/svgo-1.3.2.tgz#b6dc511c063346c9e415b81e43401145b96d4167"
@@ -17164,6 +17164,20 @@ svgo@^1.2.2:
     unquote "~1.1.1"
     util.promisify "~1.0.0"
 
+svgo@^2.0.3:
+  version "2.1.0"
+  resolved "https://registry.yarnpkg.com/svgo/-/svgo-2.1.0.tgz#1de9a194906fa414403f0f928685132c753f6f96"
+  integrity sha512-f5iEvWkSesVHPqBBc26s9/9LFKJZ+4aWPpOVX0uxXz/39SlNL4XuwfhOWsqOS5Q1j7Z6WLayCF/s1lISeAHjwA==
+  dependencies:
+    "@trysound/sax" "0.1.1"
+    chalk "^4.1.0"
+    commander "^7.1.0"
+    css-select "^3.1.2"
+    css-select-base-adapter "^0.1.1"
+    css-tree "^1.1.2"
+    csso "^4.2.0"
+    stable "^0.1.8"
+
 symbol-observable@^1.0.2, symbol-observable@^1.1.0, symbol-observable@^1.2.0:
   version "1.2.0"
   resolved "https://registry.yarnpkg.com/symbol-observable/-/symbol-observable-1.2.0.tgz#c22688aed4eab3cdc2dfeacbb561660560a00804"
@@ -18726,11 +18740,6 @@ whatwg-url@^8.0.0:
     tr46 "^2.0.2"
     webidl-conversions "^6.1.0"
 
-whet.extend@~0.9.9:
-  version "0.9.9"
-  resolved "https://registry.yarnpkg.com/whet.extend/-/whet.extend-0.9.9.tgz#f877d5bf648c97e5aa542fadc16d6a259b9c11a1"
-  integrity sha1-+HfVv2SMl+WqVC+twW1qJZucEaE=
-
 which-module@^2.0.0:
   version "2.0.0"
   resolved "https://registry.yarnpkg.com/which-module/-/which-module-2.0.0.tgz#d9ef07dce77b9902b8a3a8fa4b31c3e3f7e6e87a"