I am unable to reproduce the problem.
Maybe this will work: System Preferences > Displays > Detect Displays
As you know those are Adobe ICC profiles, thus made by Abode to support they suite of Graphics products.
Some ICC's are specific to a Adobe product you are using and come as part of the installation package.
To find those ICC profiles, look in the original installation package.
In some cases you might see a problem where the ColorSync Utility claims a profile cannot be fixed.
ColorSync utility - Verify and Repair:
In cases where the ColorSync fails to repair a ICC profile, you will need to go to the profile in the Finder, get information on it, and ensure your username is added in the Sharing & Permissions section with both Read and Write privileges.
You can also use Terminal to find them.
find /Library/ColorSync/Profiles/ -name "*.icc" -exec sips --verify {} \;
When done, re-run the repair routine, and hopefully that will allow the profile to be fixed.
Or again use Terminal to try to Repair them:
find /Library/ColorSync/Profiles/ -name "*.icc" -exec sips --repair {} \;
Here is some more reading material.
Best Answer
Yes, this can be achieved with AppleScript and Automator.
The setting to automate is located in:
System Preferences > Accessibility > Display > Use Greyscale
The keyboard combination option + command + F5 also shows Accessibility options.
This Apple discussion, Keyboard shortcut for "Use grayscale", shows how to use AppleScript and Automator to create a menu bar item that toggles the Greyscale on/off.