I love this initiative from Vancouver-based outdoor clothing company, Arc'teryx. Under the name of The Birds Nest Project, Arc'teryx employees volunteer their time to sew scrap material into weatherproof capes, which they then donate to homeless shelters and people living on the street. Now in the third year of the project, in 2011 they donated over 700 windproof, waterproof capes to those in need.
Good for the environment, good for people. Amazing. (Also, 'capes' and 'helping people' do tend to go hand in hand, don't they?) Read more about Arc'teryx's The Birds Nest Project here.