I would look at it this way. Before macOS 12.3, Apple bundled Python 2.7 with macOS. Unless your employer has a policy against it, I would not look at it as a problem to install it as a temporary workaround, . It is easy to uninstall later.
Indeed Apple just removed it on their last OS update (2 days ago), after warning about it 2 years ago. It was deprecated when macOS Catalina was released (on the Catalina Release notes), suggesting exactly what your guys are doing: bundling Python 3 with the software distribution.
I personally don't have a problem installing it, just don't like to uninstall software, specially when it spread files (config, libs, etc) all around the system.
Another possible issue is that the existing installer for Python 2.7 is for X86_64 only. Although it may install on any of the M1 based machines, it can be problematic to run it under Roseta (I do use two M1 based Macs).
Those are just a few points to stress the importance of this fix.