Description
Code of Conduct
- I have read and agree to the GitHub Docs project's Code of Conduct
What article on docs.github.com is affected?
What part(s) of the article would you like to see updated?
#referencing-issues-and-pull-requests
I propose adding a new section here, "Referencing Labels". This feature is not directly supported by Github, but it is possible in a standard manner with a feature provided by shields.io. For example: is created with image link:

Documentation: https://shields.io/category/issue-tracking - See and click topic 'GitHub labels'.
Because this is dynamically generated, the color of the image is always accurate at the time of rendering/viewing, not just at the time of text entry. The alt text covers for missing images or communications issues.
As this is a useful and requested feature, I think it would be helpful to add the suggestion to the doc, even if the feature is not built-in to Github itself. If the shields.io service goes away, Github will have much greater issues than this one feature, and the doc can be modified as required.
TY
Additional information
On approval, I'll submit a PR for the new content.
Someone may suggest adding notes about shields for milestones and other features supported by shields.io. I suggest we process this one request first and consider other such requests on their own merits.