The outbreak of COVID-19 evoked a heated discussion of its drivers and extensive impacts on achieving sustainable development goals. Considering the deepening global interconnectedness and complex human–environment interactions, it calls for a clarity of the two concepts of risk governance and sustainability and their relationships. In this paper, a comprehensive review was provided based on scientometric analysis. A total number of 1156 published papers were studied and a considerable increase of interest in this line of research was found. The research outputs show the interdisciplinary feature of this field but with a focus on environmental issues. The journal “Sustainability” was found to be the most productive journal. Geographic and institutional focus on the line of research were also visualized. Five salient research themes were identified as follows: (1) Resilience and adaptation to climate change; (2) Urban risk governance and sustainability; (3) Environmental governance and transformation; (4) Collaborative governance and policy integration; and (5) Corporate governance and sustainability. This paper provides insights into the heterogeneity of the risk governance and sustainability research. Additionally, the study unveiled the implicit relationship linking risk governance and sustainability: risk governance can be a process of participation and coordination, and a means of coping with the uncertainty and complexity to achieve sustainable outcomes. On the other hand, risk governance is a constant aim to be optimized in the process of sustainable development.