The only option may be to buy an Apple Studio Display or an XDR Pro Display. For color critical photo editing, these displays apparently have their own set of issues.
Current Apple displays are not exactly user friendly for those that want to calibrate and profile their monitors. Here's the Apple way to
calibrate the XDR using the Apple Pro Display XDR Calibrator 1.0 software with a list of
compatible measuring instruments with starting prices from about $15,000 and up. The method for the
Apple Studio Display is to "use your in-house spectroradiometer to measure" and then enter the white point x y and luminance measured and target values manually into boxes.
There are monitors, other than what Apple offers, that operate correctly with M1 Macs and macOS. Clearly, some monitor models have major issues when connected to M1 mac hardware, but Apple is not your only choice for a new monitor. For color critical photo and video editing, Eizo seems to have been successful in navigating the choppy waters of Apple's hardware and operating system changes with their current monitors and software. There are other choices as well in new monitors that are compatible. Clearly, some monitors which are currently being sold new, as well as discontinued legacy models, seem to be a model by model or case by case connection adventure.